Macron is the French president! What Does it Mean for Binary Options Trading

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Is Binary Options Trading Safe?

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The general answer is yes when you consider the following points:

  1. It is a regulated financial instrument in the EU and many parts of the world.
  2. The risks are known and, to some extent, predictable since it’s a zero-sum forecast.
  3. There are demo trials before you put in an investment.
  4. Major binary options offer reliable customer support.
  5. The terms on deposits and withdrawals are spelled out clearly.

Binary options have attracted traders of all experience levels—from beginners to professionals—who are in a quest for diversifying their investments. This type of trading has grown to a respected and credible practice over the years. Despite this, one of the concerns of many, especially when it comes to where they put their money, is the question: is binary options trading safe?

In this article, we’ll be shedding light on the answer to this often-asked question about binary options trading to help you make an informed decision. We’ll also provide some guidelines for choosing the best platform for binary options trading and discuss factors that impact trading risk.

Is Binary Options Trading Safe Table of Contents

Binary options trading: A regulated financial instrument

After its exponential growth since 2008 and its reclassification into a financial instrument in 2020, binary options trading gained mass credibility. During that time, it experienced a surge in people searching for the term “binary options” in Google Trends, which surpassed the frequency of another related famous term “forex trading” according to Futures Mag. One of the reasons behind this increase in interest is the regulations established for this financial vehicle.

Binary options trading is a regulated product by EU jurisdictions such as CySec (Cyprus Securities and Exchange Commission) and MFSA (Malta Financial Services Authority), among others. Furthermore, regulators continue to tighten directives and mandatories. Financial Times reports on the recent actions taken by FCA (Financial Conduct Authority) to protect consumers by examining firms that may be offering binary options illegally.

Hence, if your definition of safety in the question “Is binary options trading safe?” is whether it’s regulated and legal, then yes, it is; as long as you choose the right binary options brokers (which we’ll get into later). If your concern is whether it’s risk-free, then, of course, any trading—not just binary options—entails risk. Every venture, business, and investment accompanies a calculated risk as there’s no guarantee of solid future performance.

Acknowledging risks and trading responsibly are some of the primary ways to safely approach trading. With that in mind, let’s delve deeper into answering whether binary options trading is safe in terms of its methods, platforms, and trading mechanics.

Is Binary Options Trading Safe?

Binary options are generally considered a safe investment. However, as with all money instruments, it pays to do your research to guarantee you are dealing with a legitimate provider. Here are the main reasons why this trading avenue can be one of the safest options for you.

Simple, Easy-to-understand Premise

Probably one of the most desired advantages of binary options trading that attracts many traders is its simplicity. It has a simple premise that gives you only two (thus, the term “binary”) options and outcomes. Based on your informed guess as per various factors and patterns, you’ll choose and predict the asset’s movement if it will be true at a specific point in time. It’s a straightforward “yes or no” proposition, where you’ll get a fixed percentage of your investment if you’re successful or none if you’re unsuccessful. That’s why it’s also called an asset-or-nothing option.

With binary options, traders don’t have to purchase or own an asset. Assets may be commodities (such as crude oil, silver, and gold), currencies, and stock indices, among others. With the unprecedented growth of cryptocurrencies and over 17 million Bitcoins in circulation today, some brokers also allow cryptocurrency trading. IQ Option, for instance, supports not only Bitcoin but also Ethereum, Ripple, and Litecoin.

Getting started is also easy. Traders only have to choose a broker, register an account, and immediately start trading. While being knowledgeable about this type of trade is still vital, you’re not required to have as much extensive knowledge as other types such as forex trading. With that, even beginners can work their way up and choose among different types of binary options.

There’s an option for everyone where they’re comfortable to make investments. They can opt for a simple call and put options or double no-touch binary options and vanilla options or exotic options, among others. In this way, a trader understands, based on level of knowledge and skills, how it works and avoids trading blindly. Meanwhile, more seasoned traders have the opportunity to choose more complex options where they get higher returns with bigger risks and reward paydays.

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Known and Limited risk

When you trade binary options, you’re aware right up front how much you are risking and how much your potential profit will be on its outcome. You’re only risking the amount you choose, no matter how large or small it is. Additionally, there’s no risk of leverage, which means you won’t lose more than the amount you risked in the trade, unlike some other types. This way, you’re prepared for incurring potential losses as long as you choose to invest an amount that’s within your means. This prevents you from losing more than what you can afford.

It’s also an affordable way to trade online as you’re not required to trade large amounts. Depending on your chosen broker, you can trade from as low as $1. Some even give you a demo account that you can play around with to help you practice and get the hang of binary options trading before investing your real money. Our top binary options brokers let you trade from $5 to $10 as a minimum amount. It’s safe in a way that you’re not forced to lose any amount right from the get-go.

High and fast returns

When you invest, one of your goals is to get high returns. Due to binary options’ higher risk nature, its returns are also typically higher. It yields a return that amounts to an average of around 60-90%, depending on your broker. Its fast turnover rate also ensures a quick payout. Varying from different assets, the expiry times can range from a few minutes or less than an hour (sometimes even seconds) up to a few weeks. If you opt for daily binary options traders, you can trade multiple times a day for a potentially higher profit.

This gives you access to a variety of assets that are available to trade, which is an excellent way to diversify risks and control the amount of risk at a given time. If you’re successful, you can immediately see the amount added to your account. Depending on your chosen platform, you can also instantly withdraw your money. Meanwhile, if you’re unsuccessful, some brokers offer a small return based on how much you invested. For instance, you won’t lose 100% of your investment, but you’ll still get around 5-15% of it back.

Choosing A Binary Options Broker

Is binary options trading safe? As mentioned in the previous sections, it is safe as long as you’re a responsible trader. After all, there’s a difference between taking risks, which is necessary for any venture, and being risky, which is blindly being too ambitious in your trades. One of the most important and fundamental ways to reduce risks is choosing the right binary options brokers. Since it’s the platform where you’ll be doing your trading, you must check the following:

  1. Regulation. Your broker must, first and foremost, be licensed and regulated. This ensures it adheres to the guidelines of the regulatory authority or financial regulator. Since regulators pay close attention to their business practices and ensure fairness, you can assure the broker is trustworthy and transparent.
  2. Trading software. Ease of use, speed of execution, and a well-designed interface are essential as it plays a vital role in your trading endeavors. Mobile trading is also worth considering so you can trade anywhere, anytime.
  3. Demo/trial account. This is an important feature to test the software and get acquainted with it, especially for novice traders. Also, ensure it’s using real live market data.
  4. Customer support. A broker with reliable customer support that’s available in various languages and support channels, such as live chat, ticket messages, phone, and email, is important as it also shows their credibility. Some broker platforms may also offer features of customer support software for added convenience.
  5. Deposits and withdrawals. Checking a broker whose minimum deposit and withdrawal amounts you are comfortable with is crucial. Also, check if they offer convenient processes and quick timeframes, especially when it comes to the withdrawal process.

A good example of a binary options broker that includes the factors mentioned is IQ Option. It’s licensed and regulated by CySec, which guarantees its compliance with relevant regulations and jurisdictions. It has a top-notch online trading platform that offers both ease-of-use and functionality to veterans and novice traders. Newcomers can make use of a broad range of educational materials such as tutorials, webinars, e-books, and FAQ sections about the platform and binary options trading.

Macron Says NATO Is Experiencing ‘Brain Death’ Because of Trump

The French president wonders whether NATO is still committed to collective defense, denounces American unilateralism and calls for more European autonomy.

BRUSSELS — French President Emmanuel Macron shocked allies in an interview published on Thursday, saying that he did not know whether NATO’s commitment to collective defense was still valid and that the alliance was experiencing “brain death” because of a lack of strategic coordination and leadership from the United States.

“What we are currently experiencing is the brain death of NATO,” Mr. Macron told The Economist magazine. He said the United States under President Trump appeared to be “turning its back on us,” notably by pulling troops out of northeastern Syria without notice, and he called on Europeans, as he has often done, to do more in their own defense with the aim of “strategic autonomy.’’

Chancellor Angela Merkel of Germany responded unusually sharply to what she called Mr. Macron’s “drastic words,” which she does not share. “That is not my point of view,” Ms. Merkel said in Berlin when asked about Mr. Macron’s remarks.

“I don’t think that such sweeping judgments are necessary, even if we have problems and need to pull together,” Ms. Merkel said. “NATO remains vital to our security.”

Asked for his own response, Secretary of State Mike Pompeo praised NATO in the eastern German city of Leipzig, after spending the morning touring the former border that divided East Germany from the West, where he was an officer in the United States Army.

“I think NATO remains an important, critical, perhaps historically one of the most critical strategic partnerships in all of recorded history,” he said.

NATO was crucial to the collapse of the Iron Curtain that divided Europe for decades, he said. It was the cooperation and “remarkable work” of NATO’s democratic partners “that created freedom and brought millions of people out of very, very difficult situations.”

Mr. Pompeo then went on to defend Mr. Trump’s persistent demands that Germany and other allies increase military spending to the NATO goal of 2 percent of gross domestic product.

Foreign Minister Heiko Maas of Germany, with Mr. Pompeo, also rejected Mr. Macron’s characterization. “I do not believe NATO is brain dead,” he said. “I firmly believe in international cooperation.”

NATO leaders will gather in London for an abbreviated summit meeting on Dec. 3 and 4 to mark the alliance’s 70th anniversary. Mr. Macron’s pessimistic views about its future are bound to overshadow the meeting, which was already designed to be brief given Mr. Trump’s own harsh criticism of NATO allies for not spending enough in their own defense.

Mr. Macron also wants Europeans to spend more on defense, but in pursuit of their own strategic goals, in collaboration with NATO but not beholden to it.

His remarks were clearly in response to some of Mr. Trump’s unilateral actions. “You have no coordination whatsoever of strategic decision-making between the United States and its NATO allies. None,” Mr. Macron said.

‘‘You have an uncoordinated aggressive action by another NATO ally, Turkey, in an area where our interests are at stake,” he added. “There has been no NATO planning, nor any coordination.’’

Turkey’s military operation against Kurdish forces in northern Syria was opposed by fellow NATO members like France, but made possible by Mr. Trump’s sudden withdrawal of United States forces, against the advice of American officials, after a telephone conversation with President Recep Tayyip Erdogan of Turkey.

NATO functions well in the military sphere, coordinating armies and commands, Mr. Macron said. But “strategically and politically, we need to recognize that we have a problem,” he said. “We should reassess the reality of what NATO is in light of the commitment of the United States.’’

In fact, despite Mr. Trump’s often truculent criticism and his own early reluctance to support collective defense, he has authorized a sizable increase in the American commitment of money and troops to NATO and European defense, including putting American troops in Poland and rotating through the Baltic nations.

Even France, a nuclear power and a permanent member of the United Nations Security Council, is not reaching the NATO goal, projected by NATO to spend 1.84 percent of gross domestic product on defense this year.

The interview with Mr. Macron took place on Oct. 21 in his Paris office in French, but was not released until Thursday by The Economist, in both French and English.

Mr. Macron’s real worry seemed to be the sleepwalking drift of Europe, caught between Russia, China and the United States. “All this has led to the exceptional fragility of Europe, which if it can’t think of itself as a global power, will disappear,” he said.

Mr. Macron has pushed for closer European integration, a rapprochement with Russia, a tougher line on Brexit and an end to the enlargement of the European Union until the process can be rethought.

The remarks reflected both his striving for a leadership role in a Europe, where Ms. Merkel is perceived to be weakened and Britain is leaving, and also his move to the right for his own domestic political purposes.

But his comments brought some sharp criticism from analysts.

François Heisbourg, a French defense expert, said that Mr. Macron, who loves to talk, “is speaking like a policy-detached think-tanker” and not the leader of a key NATO ally. Mr. Heisbourg called Mr. Macron’s comments “bizarre” and “dangerous” for a head of state.

Mr. Macron’s comments “will really damage NATO and could be seized upon by its opponents, including Trump,” Thomas Wright, a senior fellow at Washington’s Brookings Institution, wrote on Twitter.

He called the interview “deliberate, provocative and catastrophic,” and added that Mr. Macron “increasingly acts unilaterally without coordinating with the rest of the E.U. or even without informing his own officials and government colleagues.”

Ulrich Speck, a German analyst, said in a Twitter response: “With Macron saying that NATO is ‘brain-dead,’ it becomes clearer what ‘strategic autonomy’ means for him: A Europe without NATO.” His words seemed a direct challenge to Berlin, too, Mr. Speck said.

Shashank Joshi, the Economist’s defense editor, said: “I cannot imagine how Macron could possibly have thrown a bigger stink-bomb toward NATO ahead of the London summit of leaders in December. Extraordinary words, and extraordinary timing.’’

Jens Stoltenberg, NATO’s secretary-general, was also in Berlin for celebrations of the 30th anniversary on Saturday of the fall of the Berlin Wall. He praised NATO and the American role in Europe.

“The reunification of Germany and Europe would have been impossible without the United States’ security guarantee,” he said. “Any attempt to distance Europe from North America will not only weaken the trans-Atlantic alliance, it also risks dividing Europe itself.”

Melissa Eddy contributed reporting from Berlin.

Normandy Four summit on Ukraine’s future: What’s at stake?

Virtual carte-blanche to Zelensky

Volodymyr Zelensky has the biggest interest of them all. By handing him victory in the spring election, the voters hoped for peace, an armistice in Donbass and better ties with Russia. There is no doubt that Zelensky personally, as well as his closest circle, shares these objectives. However, Ukraine’s political scene is extremely murky.

Pursuing any policy requires special skills that were masterfully displayed by Ukraine’s former president Leonid Kuchma (1994-2004) and to a certain extent by Petro Poroshenko. Zelensky has none.

Zelensky received an unprecedented level of support and a virtual carte-blanche after three quarters of the population voted for him, and his party won parliamentary majority. However, he doesn’t really seem to know what to do with all that.

Nothing indicates that Zelensky learns from the mistakes he makes and finds ways to avoid new ones.Zelensky is desperate for success in Paris. On the one hand, he has to show Putin and his European partners that he is a competent leader who stands by his words.

On the other, he needs to convince his domestic audience that he didn’t budge an inch on key issues but managed to make headway in peace talks. If the negotiations in Paris yield no results or, even worse, further undermine the situation, Zelensky will be returning home only to face growing chaos.

The entirety of the former Ukraine establishment would oppose his course of actions, his base would be left disappointed, and the constant scheming by the financial and industrial groups would exacerbate even further.

Macron sees new window of opportunity for France

French President Emmanuel Macron is the second participant who has the most to gain from these talks. Today he is one of the few top level politicians who actually have a comprehensive scenario of global development.

Macron’s intention is to restore France to its position of Europe’s political leader, which his country held from the beginning of European integration and up to the early 2000s. In recent decades, Germany has gradually assumed this role.

Macron is not a Gaullist, but his view of the global disposition is becoming similar to that of Charles de Gaulle. In order to secure its stance in the world, France needs to have balanced relations with both the West (the Anglo-Saxon world/atlanticists) and the East (Russia). And Macron is correct in his assessment of the situation – France’s influence on the continent began to wane when the scale was tilted toward the West due to various reasons.

In other words, France started losing momentum when its historic ties with Russia became weaker. The current mess in relations with the US and inside NATO intensifies the uncertainty and boosts Macron’s desire to find a stronger foundation.

Macron thinks that in order to advance its national interests, France needs to overcome the obstacle that the conflict with Russia presents. And the main reason for this conflict is the unsolved crisis in eastern Ukraine due to the deadlocked Minsk peace process.

That’s why the French president took advantage of the new window of opportunity that has opened up since Zelensky took office, and put a lot of effort into encouraging dialogue between Kiev and Moscow.

Macron also needs some progress in Paris, so he can gain momentum and change the overall atmosphere.

Worried Merkel, consistent Putin

Angela Merkel clearly has other things to worry about besides Ukraine, like the continuing erosion of Germany’s political landscape. Besides, the Merkel era is about to end. Still, the Minsk peace process is, in many respects, a product of her efforts as chancellor. When she pledged to achieve a sustainable ceasefire in a precarious and unpredictable situation, Merkel essentially put her own reputation at stake.

In other words, Angela Merkel is, without a doubt, interested in seeing positive developments at the meeting, if only as a way to secure her own political legacy as Germany’s leader.

Finally, there is Vladimir Putin. Western heads of states, and above all Emmanuel Macron, keep trying to convince Moscow that the best, if not the only way to mend relations between Russia and the West is to achieve positive progress with respect to the Minsk Accords – which, of course, would require Russia to take a very flexible and active stance.

If only Moscow were to make its first step toward Kiev, they say, all other issues would magically vanish. But Putin does not subscribe to this kind of thinking – his actions are guided by a long history of past interactions with the West.

He believes that, more often than not, such steps forward are taken for granted – and followed by demands for further concessions. Hence, the common perception among Russians that settling the Donbas issue would inevitably bring the political status of Crimea back on the international agenda.

Constraining factors

The Western countries act based on two major assumptions which, according to them, could induce Moscow to negotiate a compromise. The first one is that Russia desperately needs the sanctions to be lifted, and therefore is ready for all sorts of concessions.

The second one – that supporting Donetsk and Lugansk is costly to Russia, and that Russia would eagerly get rid of the burden, or at least lessen it. To be sure, sanctions are damaging to the Russian economy, and remain a constraining factor.

At the same time, Russia’s economy has adapted to the new environment and remains stable, even though the growth rate is far from perfect. Either way, getting rid of sanctions is not an issue pressing enough for Russia to start forcibly speeding up negotiations.

As for Russia’s own political stability, it is in no way affected by Moscow’s support for Ukraine’s two breakaway regions.This does not mean that Russia is not interested in resolving the conflict.

The state of affairs circa 2020 is not satisfactory to anyone, first and foremost to the Donbass people, who found themselves in the “grey area” between Russia and Ukraine.

For Russia, the ideal option would be the implementation of the Minsk Accords, which would mean reintegrating Donetsk and Lugansk regions into Ukraine with considerable powers of autonomy, enabling them to maintain special relations with Russia. However, Moscow is not hard-pressed to achieve this immediately through any means possible.

As for the people of that region, they might be thoroughly dissatisfied with the status quo, but that doesn’t mean they want to reunite with Ukraine, seeing how they had tensions in the past (e.g. culture- and language-wise) and how in the six years that passed since Euromaidan Ukraine has moved forward in the direction that the eastern part of the country doesn’t support.

Judging by Putin’s official statements, his attitude to Zelensky is mostly positive, and he perceives the Ukrainian president’s desire for peace as genuine, albeit clumsy, while Macron he respects for this attempts to dispel the overwhelmingly strong anti-Russian sentiment in the West.

Putin is willing to consider various initiatives, provided the authors take real steps to implement them. But the Russian president won’t be proactive, since he believes that Russia has the advantage of both time and patience.

In Moscow’s opinion, Kiev’s resources in that regard are much more limited, while Zelensky is yet to prove that he is the actual president of Ukraine instead of a performer playing that fascinating role.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.

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