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Do be aware that in Canada the Canadian Securities Administrators along with its provinces offices, oversees all stock and trading activities in Canada. As an options broker in Canada you need to ensure that option trading practices are within the regulations of at least four different regulatory agencies. Different trading regulations can be very confusing if you are a trader in Alberta and looking at binaries in Toronto. Brokers prefer a base in the United States and lure customers to their sites under U.S. regulations. Some very good brokers who accept customers from Canada include TradeRush, GOpitons, 24 Option and Banc De Binary.

 

Banc De Binary is a very attractive broker option for Canadians. They are located in Cyprus and registered with CySEC. They also have a Financial Services Authority certificate in the UK. Their awesome reputation for customer service, transparency and education resources provide Canadians with demo accounts that allow trades for as little as CAD$1.00. If you are a Canadian investor, you may want to check out this brokerage plus the other top brokers who are cognizant of the different regulations across Canada. Rest assured that if you use listed brokerage houses for trading in binary options, you will be able to use Canadian assets, trade with U.S. assets and look into UK plus other global options. This will give your binary options trading experience an opportunity to learn what's available in asset trading throughout the world.

 

Binary options in regards to trading are trading contracts that are contingent on whether the fundamental asset decreases or increases in value, and the investor's prediction of these movements. There is a payout structure that is defined as "all or nothing" by some brokerage houses and you can receive high dividends for your correct forecasts. The Securities and Exchange Commission defines binaries as stock, commodities or foreign exchange funds that have only two possible outcomes. Consequences are a pre-determined amount of money payout if the asset increases or the loss of your entire investment if the asset falls below the predicted price.

 

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Uploaded on January 20, 2016