Binary options are a form of online trading in which traders predict or guess the rise and fall of an asset over a period of time. The profit that is made if you guess correctly is not a joke that is 60 to 80 percent. “The more people earn, the more illegal investment offers there are. Therefore, it is better to increase people`s income as well as an increase in financial literacy,” Tongam said. Compared to other countries in the region, the financial and numerical literacy index of the Indonesian population is still much lower. “The financial knowledge of the Indonesian people is still low compared to neighboring countries. From there, we can already see that the Indonesian people are an easy target for scammers under the guise of investments, both from outside and inside the country,” he said. To prevent losses in the community, Bappebti held meetings with a number of member organizations and public figures through SWI. The meeting called on affiliates and public figures to stop promoting binary options. Binary options traders are like waging a war on a dangerous (not well regulated) battlefield against a powerful enemy (binary broker) whose weapon is very large (risk), but the weapon itself is small tricky (reward).
Forced hand-to-hand combat (inflexible). And chained anyway (can`t walk if you feel defeated). There is no word of mercy, losing directly can afford it (money is all spent). “The online trading activities carried out by binary options are illegal because they are gambling, no goods are traded. It`s just a good thing,” he said. Illustration of investors dizzy and stressed because they are deceived by illegal online trading applications. (Shutterstock) “If there is an investment offer, check 2L what is legal and logical. Legal means asking for permission, and logical means understanding the rationality of return,” Tongam said. In addition, the Commodity Futures Trading Supervisory Agency (Bappepti) of the Ministry of Commerce, as the regulator of commodity trading, does not recognize binary options as part of trading. This ensures that binary options are illegal. In developed countries, binary options probably don`t sell well and are rather banned. Now it targets customers from the second world or the ordinary third world.
The complaints also include scams where binary options trading companies claim to deposit money into investors` accounts, but in reality they are not. In fact, they charge investors hidden fees for the return of assets. Jakarta, CNBC Indonesia – The rise of fraudulent investments in the form of binary options continues to haunt Indonesia and harm the community, although there are currently many perpetrators who have been arrested and dealt with by law. “If the community suffers losses, report them to the police for prosecution and, most importantly, avoid illegal investments,” he said. KONTAN.CO.ID – JAKARTA. Binary options are slowly returning to the public conversation after the large number of digital ads that offered the benefits of these transactions. With the lure of big wins in a short time and being able to be used by beginners, binary options are suddenly loved by the public. The Danish government`s decision reflects similar measures taken in other countries in the European region, including the United Kingdom and Austria. Tongam said that if the public determines that there are alleged illegal investments, feel free to email their information to the Investment Alert Task Force [email protected] AROUNDNUSA – The United States is one of the countries legalizing binary options or synonymous with binomo, also known as binary options.
But the country`s authorities are warning consumers to be cautious if they do not want to fall victim to this agreement. Retail SBN is an investment product issued and guaranteed by the government through the Ministry of Finance to individuals or retail investors. One of the advantages of investing in Retail SBN is 100% security, as it is guaranteed by the state and the law. earn money and at the same time contribute to the financing of the country`s development; And it`s easy and convenient because everything is done online. There are binary options that have legal status in the United States. However, these binary options must be traded on regulated U.S. exchanges and available on designated contract markets (DCM). Read also: Investment Alert Task Force Asks Indra Kenz to Doni Salmanan to Stop and Remove Binary Options and Advertising Content Trading Also Read: There`s Binomo, Bappebti Blocks 107 Illegal Websites, Here`s the Full List In addition to the lack of legality, the head of Bappebti`s Bureau of Legislation and Enforcement Aldison Karorundak assured, that there are no buying and selling activities or trading commodity futures in binary options. Of course, for those who trade stocks or forex, they know how important it is to regulate brokers. Legal stock or forex brokers must of course be regulated by the government authorities of their respective countries.
If it is a securities dealer in Indonesia, for example through the OJK (Financial Services Authority). For example, if the Forex broker is regulated by the FCA (UK), ASIC (Australia), CFTC and NFA (US). None of the binary options are regulated by the state`s financial institutions. Even if it claims to be regulated, it is at least only among some non-governmental organizations or among gambling organizations. Without the support of strict government regulations, it is usually a scam or scam. However, Sutopo does not deny that this binary option offers advantages. Starting from a simple and simple method, because you just have to guess. Then, the losses incurred correspond to the capital in question.
Until the absence of swaps and spreads. Where are they based and do they have offices in the country? If they say yes, check that they are registered with the CFTC and the National Futures Association. In binary options, there is the term payment. This is a type of profit that can be earned by the trader. Percentage payout figures, the range is 20% to 80%, but still below 100% For this, SWI has called a number of affiliates and influencers who have allegedly facilitated binary options products and illegal brokers not registered with Bappebti, such as Binomo, Olymptrade, Quotex and Octa FX, and conducted trading training activities without authorization. These efforts are made to protect the community from potential losses due to fraudulent investment practices. On the same occasion, SWI Chairman Tongam L. Tobog said that binary options are online gambling activities under the guise of trading commodities. Because instead of buying and selling trades, binary options users are asked to guess the movement of a chart whose basis is unclear. “Bappebti itself is doing a search to see if there are any other activities or apps, whether it`s a website, any media used by these affiliates, or illegal companies,” he said.
