Cyprus

ZoomTrader Becomes Regulated by the Cyprus Securities and Exchange Commission

2015 01 29

Binary options broker ZoomTrader announced that it became regulated by the Cyprus Securities and Exchanges Commission. This makes ZoomTrader the newest binary options broker to join the list of legal brokers. Renowned binary options company ZoomTrader revealed today that it just managed to acquire a new binary options license in Cyprus. The license means that […]

AvaTrade to Open European Binary Broker

2014 02 07

The next major company to enter the binary options business is AvaTrade. AvaTrade revealed that it would soon launch a new European binary options broker under the brand name PowerOption. AvaTrade, one of the largest forex brokers in the business is about to launch an independent binary options brokerage as well. The new binary brand […]

CySEC Warns Against Unlicensed Forex Brokers

2014 01 22

The Cyprus Securities and Exchange Commission warned against the company FC TRIDENT 365 LTD and its forex brokerage tridentFX. The Cypriot regulator revealed that the company in question is not licensed in Cyprus. A lesser-known forex broker called TridentFX was just ousted by Cypriot regulators after the company in question apparently claimed that it operated […]

CySEC Fines Two Binary Options Companies

2014 01 16

CySEC, the binary options regulator of Cyprus has revealed today that it fined two binary options companies for not respecting the country’s online trading laws. The regulator however only imposed insignificant fines due to the fact that the brokers in question have tried to mitigate the problems after they were discovered. The Cyprus Securities and […]

iOption Goes Bust – Reasons and Causes

2013 11 19

One of the largest binary options brokers, iOption, has unfortunately shut down about a week ago. As of now it appears that traders as well as former marketing partners of the broker will not manage to receive their account balances back. Renowned binary options broker iOption announced about a week ago that it would close […]

Cyprus Brokers Face Rejection From Foreign Banks

2013 10 17

According to reports, Cyprus binary options as well as forex brokers are facing a hard time applying for non-Cyprus bank accounts. This could result in these brokers deciding to leave Cyprus once other countries adopt a more favorable stance towards these forms of online trading. Reports are emerging that banks in many countries are avoiding […]

Cyprus Bans Brokers that Accept non-EU Traders

2013 08 04

One of the most important forex and binary options regulatory bodies on the planet, the Cyprus Securities and Exchanges Commission announced that it would cancel the licenses of those forex and binary options brokers that accept the registration of non-European Union clients. Due to recent developments and events in the United States and other jurisdictions, […]

CySEC Licenses 17 Binary Brokers in H1 2013

2013 07 13

A total of 17 binary options brokers were licensed during the first half of 2013 in Cyprus by the Cyprus Securities and Exchange Commission (CySEC). This was achieved despite the recent Cypriot banking crisis. The Cyprus Securities and Exchange Commission just released a new list of companies that were licensed in the first half of […]

Cyprus Financial Situation Influences Brokers

2013 03 30

The difficult financial situation in Cyprus may soon come to an end after the country managed to agree on a bailout deal with the European Union and the IMF. Cyprus binary options brokers as well as their traders are safe as a consequence. Just recently the government of Cyprus managed to close a deal with […]