her investment and earnings. The term generally refers to the over-the-counter market on which currencies are traded at constantly varying exchange rates. This means he or she makes a prediction as to which way the dollar's exchange rate against another currency will move within a previously agreed time period. The sale of what are known as binary options involves betting on whether financial assets, such as shares, currencies or commodities, will rise or fall over a specific time period. Investors run the risk of losing the entire amount invested or even, in the case of investment in forex products, of losing more than the amount initially invested. In thin or fast markets, trading conditions may be altered and some contract types or time frames may be inaccessible. In a number of cases it turned out that no actual transactions were ever made by the offeror.
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Foreign currencies (US dollar, the pound sterling, the Japanese yen, etc. The fsma therefore strongly advises against responding to any offers of financial services made by such distributors of binary options or forex products. Select a contract type and the amount, then indicate which way the price will go; up or down. Fix-Contract is heading: call or PUT. Many binary options firms operating globally are completely unregulated. The same applies to derivatives (and in particular to forex derivatives and CFDs) traded via an electronic trading system with a maturity of less than one hour and to derivatives that directly or indirectly use leverage.
There have been no successful prosecutions because the fraudsters are usually located abroad. The potential profit size of a Fix-Contract is variable and depends on the market situation. Trading in binary options or forex is offered to consumers, often by unknown foreign companies, in the form of a contract to bet on changes in the price of certain products in the upcoming minutes, hours or days. Victims are targeted by salespeople in call centres abroad typically located in Israel and Romania who use high-pressure tactics to convince them to invest.