The Cyprus regulator CySEC has informed investors that the website smartoptionfx.com, does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.
In the above mentioned website, there is a reference on the name and license number of the former Cyprus Investment Firm B.O. Tradefinancials Ltd (license number 216/13).
Just last month CySEC warned against the website apextradeoption.com, because of the same reason – a reference on the name and license number of B.O. Tradefinancials.
LeapRate reminds that CySEC has decided to wholly withdraw the Cyprus Investment Firm authorisation with number CIF 216/13 of the company B.O. Tradefinancials Ltd. (BOT) back in July 2018. By the same time, Canadian securities regulator BCSC announced that it has become aware of a suspicious entity, B.O. Tradefinancials Ltd., which claims to operate iqtrade24, an online binary options trading platform provider.