The world of binary options has been pretty unstable in the recent months. As many of you may know, we publish the most important information in our news. In fact, the number of changes that have happened over the past few weeks is so big that we have prepared this summarizing article. So keep on reading!
Changes in IQ Option
As far as we know, IQ Option is doing quite well with all the regulations. Some time ago, IQ Option went so far that it stopped accepting Russian traders because the license did not allow them so. Since Russians represented most of their traders, it was a major change.
Complying with all regulatory measures makes IQ Option a good broker that will certainly do the best to retain its leading position in the market.
In the light of the above, IQ Option quickly responded to the recent ban on iOS applications. Apple had decided to ban all applications enabling trading binary options. This means that you will never download any such apps to your iPhone or iPad. A few weeks after the ban, IQ Option came up with a new offer – an application for FOREX trading, (not binary options).
I think that soon the broker will start offering Forex trading through their web platform as well. Right now IQ Option enables trading of the following types of options: high-low, digital, classic, bitcoin and other cryptocurrencies. I feel that Forex is coming soon. Talking about Forex, there is one more recent event worth mentioning.
From now on, 24Option will only be a forex broker!
If you are interested in binary options you must have heard this news. It is true, indeed. 24Option quits binary options trading! Since recently, this broker allowed purely CFD (forex).
We informed of this news early this year (see the end of this article.) The biggest companies allowing trading binary options are closing down their business one after another, which is very interesting. This plays in favor of two types o companies: small non-regulated brokers (that may get more market share) and large companies (including brokers like IQ Option or High Low).
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