How a broker spent $520m in a drunken stupor and moved the global oil price

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If not, you lose all of the money you originally invested. The value of a binary option is made up from the value of the asset you want to trade. Time periods involved tend to be very short (five or 10 minutes) but some firms offer longer periods to bet over. We're a journalistic website and aim to provide the best MoneySaving guides, tips, tools and techniques, but can't guarantee to be perfect, so do note you use the information at your own risk and we how to be a good oil broker accept liability if things go wrong.

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They may not be suitable for everyone, so please ensure that you fully understand the risk involved. By staying on our website you agree to our use of cookies. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721. If one of the banks ETX Capital uses to hold client money goes into liquidation then the losses would be shared by clients in proportion to the share of the money held with the failed bank.