Monthly Archives: November 2013

iOption Shuts Down

If you have been trading binary options chances are you have seen or heard of iOption, up until recently one of the most well-known and respected names in the industry. However, this seemingly rock-solid and established broker has decided to shut down operations and is not taking any deposits from new traders. Furthermore, any trader wanting to withdraw money originating from winning trades is not able to do so. The reasons for shutting down a binary options operation vary, however at the ends of the day one would have to assume that the expenses out-weighed the income and the owners simply …