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On Friday, April 16, 2021, the Securities and Exchange Commission charged Israeli-based Spot Tech House Ltd., formerly known as Spot Option Ltd., and two of its former top executives, Malhaz Pinhas Patarkazishvili (also known as Pini Peter) and Ran Amiran, with deceiving U.S. investors out of more than $100 million through fraudulent and unregistered online sales of risky securities known as binary options.

Because I can’t find a better broker than them, I still hope they reactivate my account or at least give me a real explanation as to why they decided to end the business relationship other than the rights declared in their terms and conditions that they have the right to close any client’s account.

The midpoint between 16 and 24 is the market pricing the probability of the buyer being correct. The buyer would have a roughly 20% chance of being correct. They would pay less for this option since the indicative price is below the strike – the market would have to move higher for the contract to be profitable. As such, the potential reward is also higher.

"Spot Option's trading platform allegedly supported a worldwide binary options fraud," said Jennifer S. Leete, Associate Director in the SEC's Enforcement Division. "This action shows that the SEC will work with its foreign regulatory partners to pursue international actors who defraud U.S. investors."
Its miles crucial to apply the exponential shifting common with this system because it gives brought weight to the front cease of the information set and tracks asset prices more intently than a popular shifting average.

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My best advice is to stay away. I have never come across a platform that will hold people's money against their will, The deposit phase was the only smooth experience i thought about this had with them others especially withdrawal was a very bad experience, I had to explain my plight to Mckinseysecure a company I was introduced to and I am glad they were able to get it all.

I have withdrawn my money two weeks ago, still they haven't transferred it. They keep telling me that they are processing it. For two weeks. Nothing is being done about it. I keep talking to their agents but they say they can't do anything. I traded hard for that money but they are giving me excuses.

You should aim for a broker who arranges webinars, video tutorials, or one-to-one training sessions explaining the strategies of trading. The FAQ and trading alerts would also be an added advantage for a customer.

The SEC's investigation was conducted by Deborah Maisel and Jason Anthony and supervised by Jennifer S. Leete and Melissa R. Hodgman. The SEC's litigation against the defendants will be led by Kenneth W. Donnelly and Samantha M. Williams and supervised by Fred Block. The SEC appreciates the assistance of the British Virgin Islands Financial Services Commission, the Financial Supervision Commission of Bulgaria, the Czech National Bank, the Hong Kong Securities and Futures Commission, the Central Bank of Ireland, the Israel Securities Authority, the Swiss Financial Market Supervisory Authority, and the United Kingdom Financial Conduct Authority.

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