A history of binary options [Infographic]

Since the U.S. Securities and Exchange Commission approved listing cash-or-nothing binary options in 2008, the popularity of binary options has soared, with the phrase “binary options” receiving more than 110,000 monthly searches in Google, as reported by GTNews.

As a method of trading, binary options is not without controversy; Gordon Pape wrote in Forbes in 2010 that “this sort of thing can quickly become addictive, especially to market junkies”. In August 2016, France banned advertising of binary options and Forex, and in the same month Belgium’s Financial Services and Markets Authority banned binary options schemes due to widespread concerns about fraud.

In a new infographic, Binary Options Robots recaps the history of binary options since 1973, the highs and the lows, through to 2016 and the present day.

© 2016 BinaryOptionsRobots.co

Check out some related infographics from PaymentEye – The current state of fintech and A timeline of the PSD2 regulation.

Related reading