For example, a binary option may wager on whether the S&P 500 index closes above 5,000 by the end of the day. If it does, everyone who wagered “yes” wins, while those who said “no” lose.

All binary option contracts are fully collateralized. So on a binary trade, the buyer and seller’s initial trade cost is their maximum risk which totaled is equivalent to the $100 per contract ...

However, the regulators have now decided to move ahead with an outright ban. According the CSA notice published Thursday, the new rule will prohibit “advertising, offering, selling or otherwise ...

Edmonton business owner Fred Turbide sent his last messages on the afternoon of Dec. 21, 2016, begging a broker at a binary-options trading company to repay his huge investment losses from a fraud ...

The perpetrator of an international binary options fraud has been sentenced to 22 years in prison by a U.S. judge. In August, the former CEO of Israel-based Yukom Communications, Lee Elbaz, 38, was ...

The overwhelming majority of binary options sites are rigged to lure in victims with small early returns, says CSA. A "free" $100 in credits will likely be enough to get a victim hooked.

Canadian securities regulators have started a task force to raise awareness and protect Canadians from the latest investment scam — trading in binary options that can cost investors everything.