Cyprus Binary Options Brokers

CySEC Slaps Binary and Forex Brokers with More Legal Requirements

2017 05 12

Things are about to change for CySEC-regulated binary options and forex brokers; and in a big way. The changes will affect CIFs (Cyprus Investment Firms), which include binary options brokers. The new rules will come into force on May 31 of 2017, which is less than a month away. This was revealed through a circular […]

CySEC Decides to Outsource Circular Risks Management

2017 02 08

CySEC’s latest goal has been to make the companies it regulates more compliant with its regulations. But the latest move by the Cypriot watchdog might force some of these companies out of the local market. And, as it turns out, this might be what the regulator wants. The broker has attracted a lot of criticism […]

Bdswiss Fined 150,000 EUR by CySEC for Possible Violations

2017 01 24

Binary options broker Bdswiss has been fined 150,000 euro by the CySEC. The decision was made on 19th of December 2016 by the CySEC board, although it has been announced today on 23rd January 2017. According to the official CySEC announcement, the company has already paid the fine. Actions of this nature are now a […]

CySEC Issues A Tender To Hire A Media Relations Firm

2016 06 02

The outspoken Cypriot financial regulator, CySEC (Cyprus Securities Exchange Commission), is having serious publicity challenges; so much so that it is seeking to hire a professional to help it manage its dented public image. A public tender for the contract has already been issued. The communications and media relations firm that will be lucky enough […]

IronFX Under CySEC Investigation Due To Client Withdrawal Issues

2015 08 08

IronFX has found itself in the news for the wrong reasons a number of times now. This time, the company has come under the spotlight for its ongoing CySEC investigation. The investigation is linked to withdrawal issues the company’s clients are facing. In its defense, the company claims that the issue is only specific to […]

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 […]