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Founded in 2010 in Israel - the capital of the global binary options industry, where all the major platforms and many of the sales centres are based, SpotOption opened a new office in Hong Kong in 2014. Last June it set up shop in the Royal Exchange in the City of London, a move it said would help bring binary options trading to the masses. All thats left for them to do is sign up customers. The Bureau has previously reported on the high-pressure tactics that some binary options call centre staff use to convince people to open accounts; the same methods are later used to persuade them not to cash out.
French authorities have also issued a warning stating Finpari is breaching legislation.