Category: Brokers

binary options scam citrade
July 19, 2017 BY LeapRate Staff

Citrades and AutoTradingBinary owner Jason Scharf charged in $16 million Binary Options fraud

Continuing its work against investment schemes targeting retail traders in the US and around the world, US regulator CFTC has charged California resident Jason B. Scharf, his worldwide web of companies, and Florida-based affiliate marketers Michael Shah and Zilmil, Inc. with running a $16 million Binary Options fraud scheme. The CFTC has announced that a federal…

Read more
OptionRally license suspended CySEC
July 13, 2017 BY LeapRate Staff

Binary Options broker OptionRally has its license suspended by CySEC

Cyprus financial regulator CySEC has announced the suspension of the CIF license granted to Binary Options broker Optionrally Financial Services Ltd. The reasons given by CySEC involve issues involving protection of clients’ funds, the company's own funds, and the company's capital adequacy ratio. CySEC has given OptionRally one week to take actions in order to comply. In the interim,…

Read more
Stern Options binary warning
July 12, 2017 BY LeapRate Staff

FMA warns of cold calling Binary broker Stern Options

New Zealand financial regulator Financial Markets Authority (FMA) has issued a warning regarding Binary Options broker Stern Options, operating from website sternoptions.com. Adding Stern Options to its "Businesses to be wary of" list, the FMA stated that it has received reports that representatives of Stern Options are cold calling New Zealand Residents. Stern Options is not…

Read more
24option france binary options
June 26, 2017 BY LeapRate Staff

24option reinstated in France following no-binary-options promise

France financial regulator Autorité des Marchés Financiers (AMF) has announced that it is waiving the prohibition against Binary Options, Forex and CFDs broker 24option.com on providing services on French territory. 24option parent company Rodeler Limited, which is licensed by CySEC in Cyprus, received the France ban last August, after the AMF determined that 24option was providing…

Read more
Dukascopy adds new CFD bonds and indices for trading on LIVE
June 23, 2017 BY LeapRate Staff

Dukascopy goes live with Touch Binary Options

After a trial on Demo environment which we reported began last month, Swiss based retail forex broker Dukascopy has announced that its new type of binary options - Touch Binaries - has been released on Live and is now available to binary options trading account holders in Dukascopy Bank and Dukascopy Europe. Trading conditions and…

Read more
Hirose UK regulated binary options
June 21, 2017 BY LeapRate Staff

Exclusive: Hirose UK revenues drop 47% as Binary Options bet fails

LeapRate Exclusive... LeapRate has learned via regulatory filings that Hirose Financial UK Ltd., the FCA regulated arm of Japanese retail forex brokerage group Hirose Tusyo Inc (TYO:7185), saw its Revenues tumble by 47% in Fiscal 2017 (year ended March 31, 2017) to just £496,000, down from £928,000 last year. Hirose UK also reported a net loss…

Read more
TR Binary Options warning
June 04, 2017 BY LeapRate Staff

TR Binary Options receives warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker TR Binary Options, formerly known as Trade Rush, owned by Melnic Group Ltd., and operated from website trbinaryoptions.com. According to the…

Read more
Boss Capital binary options warning
June 01, 2017 BY LeapRate Staff

Binary options broker Boss Capital receives warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker Boss Capital, owned by Melnic Group Ltd., operated from website bosscapital.com. According to the BCSC, Boss Capital claims to be…

Read more
Shimon Citron
May 21, 2017 BY LeapRate Staff

Binary options broker EZTrader CEO Shimon Citron ousted in dispute with Chairman Gustavo Perrotta

LeapRate Exclusive... LeapRate has learned via regulatory filings that EZTrader founder and long-time CEO Shimon Citron has resigned from the company's publicly traded parent EZTD Inc (OTCMKTS:EZTD), following a several months long dispute with some of the company's board members and investors. Pursuant to the company’s bylaws, due to Mr. Citron’s resignation the entire Board…

Read more