A binary option automatically exercises, meaning the option holder does not have the choice to buy or sell the underlying asset. Our customers were very hopeful or excited because we would psych them up. I was always taught that when you’re on the phone with someone and trying to sell, make sure you’re talking with a smile because they can hear it. We geared them up, we developed a real relationship with them. Currently, there are two main regulatory bodies for all binary options and Forex brokers in the United States. The two bodies are the Commodity Futures Trading Commission and the National Futures Association . According to the current regulations, it is not illegal for any broker to accept traders who are based in the United States.
However, if any dispute arises between the trader and the broker, the broker, either binary options or Forex, will be liable for prosecution. in the recent past, the majority of such prosecutions have led to hefty fines and penalties on the side of the brokers.My job at the time was ending and I was frantically looking for something else. My wife was pregnant. I had to get some kind of job. I had lots of experience in sales because I had worked in my family’s business, an insurance agency. Once I sent my CV to online trading companies, I got calls from one binary options company after another. I chose one Learn about binary options.
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