According to a few Forex brokers' perspective, there are many issues that traders face when it comes to trading. Certain brokers do not come out very specific and direct about where they get their regulatory license from, especially with brokers who have offices in multiple countries or continent. With all these point taken into consideration, it is pretty difficult to select a good and reliable Forex broker. With binary options broker, the situation is a bit different.
It goes without saying that with the emergence of binary options as a new market come handfuls of new brokers offering the trading platform, and some are even being unregulated. If you value your money, then you would be in rights to be cautious of what you are unaware of. If you are new to trading in the financial markets, this can especially lead to confusion. Trading Binary options can be highly rewarding for experienced traders and first time depositors. However, how do you know which broker to invest with and whom can't you trust with your money? What trading platform should you be using?