Binary options apps no longer permitted by Apple

mlawson71 · Jun 10, 2017

Technological giant Apple announced it's banning binary options mobile apps from the iTunes app store. According to section 3.2.2 of Apple’s guidelines, “Apps that facilitate binary options trading are not permitted on the App Store. Consider a web app instead.”

Apple’s move is a severe blow to the binary options industry, as an increasing number of traders prefer trading on the go, and Apple iPhone is the most popular smartphone on the market. Nonetheless, the decision of the tech giant is in line with the latest regulatory tendencies across the globe.

ET180 · Jun 10, 2017

mlawson71 said:
Technological giant Apple announced it's banning binary options mobile apps from the iTunes app store. According to section 3.2.2 of Apple’s guidelines, “Apps that facilitate binary options trading are not permitted on the App Store. Consider a web app instead.”

Apple’s move is a severe blow to the binary options industry, as an increasing number of traders prefer trading on the go, and Apple iPhone is the most popular smartphone on the market. Nonetheless, the decision of the tech giant is in line with the latest regulatory tendencies across the globe.

Doesn't seem like a major loss. I hate trading on my phone. I only do it when I have to.

bublu · Jun 11, 2017

ET180 said:
Doesn't seem like a major loss. I hate trading on my phone. I only do it when I have to.

Do you trade binary options .. ? i guess not !

SoesWasBetter · Jun 12, 2017

I think it had something to with with the binary outcome most were experiencing.

You Lose/You Lose

ET180 · Jun 12, 2017

bublu said:
Do you trade binary options .. ? i guess not !

Nope, I don't. Why is it necessary to trade only on a phone and not computer?

Chubbly · Jun 13, 2017

mlawson71 said:
Apple iPhone is the most popular smartphone on the market.

Apple is not even close

bublu · Jun 17, 2017

ET180 said:
Nope, I don't. Why is it necessary to trade only on a phone and not computer?

Not necessarily you should have a computer to trade but the point was that this binary options industry has a lot of complaints and that is the reason its getting banned by many regulators, so was the point that apple also not allowing BO apps.. hope you get the point.

mlawson71 · Aug 2, 2017

Apple apparently aren't enforcing their own rule very well, because the Australian Securities and Investments Commission (ASIC) said on Tuesday it has contacted Apple and Google in relation to the numerous mobile binary options apps, illegally targeting Australian investors. According to an ASIC review from March this year, there are around 330 such apps offered by unlicensed entities and individuals.

bublu · Aug 18, 2017

Its seems that bad days are already started for binary options trading because there were hell lot of complaints against binary options brokers.