Ban against binary options

5/2/2018

According to a recent decision from the European Securities and Markets Authority, ESMA, binary options are banned in the EU when it comes to marketing, distribution and sales to consumers.

Restrictions are also implemented on contracts for differences, so called CFD contracts.

The purpose of the decision is to protect consumers and strengthen protection for investors in the EU. Binary options as well as CFD contracts are regarded as being especially high-risk products for consumers to invest in. Finansinspektionen, Sweden’s financial supervisory authority, and the Swedish Consumers' Banking and Finance Bureau can provide further information about the decision to ban binary options.

Read Finansinspektionen’s news about the ban against binary options

ESMA updates the ban

ESMA has now, after three months, reviewed the ban and chooses to uphold it. (Swedish)

More information about binary options

Binary options are a high risk deal for consumers (swedish news article from 2017-05-24)

More about binary options on the Swedish Consumer’s Banking and Finance Bureau’s website (Swedish)

Information from the Swedish Tax Agency about binary options (Swedish)