ASIC stated:

As expected, retail clients have not made any losses (or profits) from trading Binary Options with licensed issuers since the product intervention order took effect.

The regulator pointed out that during the period of the ban, 68% of wholesale clients lost money trading binary options in that period as the ban does not apply to them.

Last year, ASIC took another measure, reducing CFD leverages offered to retail clients. The order was initially proposed for 18 months, but was later extended for five years until 23 May 2027.

Last year, the regulator published a four-year corporate plan outlining monitoring compliance for CFDs and binary options as a priority for ASIC.

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