60Trader was targeting Japanese binary options traders as their clients. However, this broker is no longer active. It promoted an illegal binary options scheme.
Binary options are now banned by most countries because 99% of the binary options brokers were running the gambling-like platform. Many people have lost money from binary options.
It is best to avoid binary options at all costs. In the end, the operators of the binary options are the winner while leaving most of the clients as the ultimate losers.
Forex trading on the other hand is safer due to the regulation in place. Choosing a regulated broker is the best practice to make sure you are in a safe hand.
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