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In most cases, bonuses are a great way for traders who understand what they are doing to score well, however, many traders do not understand terms and conditions. We think brokers need to explain this to binary options traders before they get a chance to accept it.

Recently we also wrote about the stand that CySEC made about the matter. In short, traders should be informed and binary options brokers should make sure to get the acceptance of a bonus in written. We at Fair Binary Options will not accept any explanations that the customer said yes over the phone.