Wichtig » But it does beg the question: If exams aren't the way

Binary trading is a very popular platform and like all popular things Malik Hooker Youth Jersey , it is subject to a lot of rumors. While some are silly, some are very dangerous. At Optionshill, we list out some of the myths you shouldn’t believe. We’re a fast growing online binary options trading platform.

You can millions of dollars in binary trading:

Hundreds of vulnerable people including retirees have ended up losing their money because of a few scrupulous traders claiming to help people earn millions of dollars within a short span. This is impossible because of the way binary trading operates. Traders placing a successful wager get only a fixed amount of returns. Unlike stock markets, your return on investment is fixed and limited. Do not trust brokers who claim to help you earn a million dollars in a few months.

Binary options is unregulated and illegal:

Binary trading began with the approval of the US Securities and Exchange Commission in 2008. While it was unregulated in the beginning, it is now one of the most regulated platforms in the world. There are regulating bodies in almost all major countries across the world that monitor trading and step in to prevent instances of fraud.

Binary options is easy and does not require training:

Binary traders have spent years trying to understand the platform and analyzing trends that affect the value of trading assets. It takes experience and expertise to predict the impact of news updates and other stories on assets. The ones perpetrating these myths are usually scammers preying on lazy traders. You will have to patiently learn and practice trading techniques. Optionshill always recommends traders to practice through a demo account to help traders become comfortable before trading with real money.

You can start with as little as $100:

True T.Y. Hilton Youth Jersey , you can get started with $100 or even less than that. But when you start out with such a tiny investment, you can invest only a very small amount on your trades. Brokers recommend investing only 2.5 -5% of your account, i.e. around $2.5 - $5. Some websites place a withdrawal threshold. Even if you were to lose a small amount of money, you will not be allowed to withdraw money that is technically yours.

Binary trading is akin to gambling:

Is this not true of stock, forex Andrew Luck Youth Jersey , and other forms of trading? Yes, you can treat it like gambling, but the approach will only lead you to lose money. Traders spend time and money understanding the market and analyzing trends before investing. An examinee prepares for the qualification exam for fund practitioners on April 23 in Shanghai. More than 300,000 examinees sat this year's exam, including bank workers Nyheim Hines Youth Jersey , PE and VC employees as well as students. Data showed that 71.15 percent and 28.95 percent of all test-takers passed the first and second parts of the exam, respectively. Photo: IC
In China, even a test can cause controversy.


A qualification exam for fund managers on April 23 has sparked a debate about how the government should regulate China's booming private equity (PE) and venture capital (VC) funds industry.


The exam was initially designed for fund managers, the type of people who make their money trading stocks, bonds and derivatives on the secondary market.


So Tyquan Lewis Youth Jersey , the Asset Management Association of China (AMAC), which runs the exam, got into trouble with some finance professionals when in February it required at least two executives to sit the exam, even though their companies weren't involved in trading securities.


Instead, the executives worked for what is known as non-securities private funds Kemoko Turay Youth Jersey , a group that includes PE and VC funds. These funds invest their money directly into companies via the so-called primary market and generally don't trade public securities.


Facing the possibility that some of their brethren might fail the test - and have their licenses revoked - PE executives responded by complaining on social media that they were being forced to take an exam that didn't actually test them on what they did for a living.


"The content of the exam is heavily focused on the secondary market, not suitable for practitioners in the primary market," said Chen Wei, a senior consultant with Beijing-based investment consulting firm ChinaVenture.


As it turned out, the PE managers didn't do particularly well. About half of them failed the second part of the exam Braden Smith Youth Jersey , the Beijing Times newspaper reported on Thursday.


In regard to the complaints, AMAC said it was considering the issue, according to Li Weiqun, secretary-general of China Association of Private Equity (CAPE), an industry union in Beijing Darius Leonard Youth Jersey , which met with AMAC to discuss the issue on April 24.


The exam controversy may not be all that important to anyone outside this corner of the financial world.


But it does beg the question: If exams aren't the way to regulate China's PE and VC funds, then what is?


The question is significant if one considers the industry's size and the increasingly important role it plays in funding companies in the private sector. By the end of March, China's registered PE funds had 5.7 trillion yuan ($880.65 billion) in assets under management, including 94 funds each with more than 10 billion yuan in assets, according to AMAC data.


"PE and VC Quenton Nelson Youth Jersey , as direct financing channels for small and medium-sized enterprises (SMEs), is a beneficial supplement to bank credit, which SMEs have a hard time getting," Chen told the Global Times on Friday.


In a sign of the industry's importance, China's central and local governments have also taken special interest in PE and VC funds Khari Willis Youth Jersey , launching many policies to support their development.


Beyond bank loans


In terms of funding, China's VC and PE funds have outpaced the rest of the financial system.


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