Category: Binary Options

SFC fines
April 07, 2017 BY Valentina Kirilova

Westward International Ltd and Coucarin Holdings Ltd charged more than $1.77 million in CFTC binary options fraud action

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge James I. Cohn of the U.S. District Court for the Southern District of Florida entered final default judgments against Relief Defendants Westward International Ltd. and Coucarin Holdings Ltd., both of Deerfield Beach, Florida. The Default Judgment Orders, both entered on March 23, 2017, require Westward…

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techfinancials
April 06, 2017 BY Valentina Kirilova

TechFinancials release annual results, revenue increase by 57% YoY to $21.3 million

Binary options platform provider and operator TechFinancials Inc (LON:TECH) today announced its results for the year ended 31 December 2016. The financial highlights are: Revenue increased by 57% to US$21.3 million (2015: US$13.6 million) Core software licensing revenue increased by 22% to US$10.4 million (2015: US$8.6 million) Trading platform revenues increased by 117% to US$10.9…

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April 04, 2017 BY Valentina Kirilova

CySEC withdraws license suspension of Dragon Options Ltd

Just one day after Cyprus financial regulator CySEC announced that it has withdrawn the CIF license suspensions of Leadtrade Ltd, and TTCM Traders Trust Capital Markets Ltd., same thing happened with Dragon Options Ltd. The brokerage group had its CIF license suspended by CySEC last week, with the regulator citing capital level concerns. CySEC had given…

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March 31, 2017 BY LeapRate Staff

Binary Options brokers leaving Cyprus: Leadtrade, TTCM, ProOptions and Dragon Options licenses suspended

Cyprus financial regulator CySEC has announced late Friday that it has suspended the licenses of four CIF-licensed brokerage groups. CySEC has suspended the licenses of: Leadtrade Ltd, which operates the TopOption, Prestige Option, Excellence Option and Platinium Option binary options brokerage brands, TTCM Traders Trust Capital Markets Ltd, which operates TradersTrust, Gametech (Cyprus) Ltd, which…

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amf
March 28, 2017 BY Valentina Kirilova

AMF warns against unauthorized binary options trading websites

The French regulator Autorité des Marchés Financiers (AMF) has published a list of new websites offering binary options trading, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: www.agenda-invest.com www.financial-futures-ltd.com www.gmsa-investments.com www.group-investment.com www.labastilleandpartners.com www.lepartenairefinancier.com www.marketoptions.com www.owpremium.com www.swissxm.com www.tp-markets.com A list of all unauthorized sites…

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techfinancials
March 27, 2017 BY LeapRate Staff

TechFinancials issues 3.87 million shares to DragonFinancials binary options JV partner Optionfortune

Binary options platform provider and broker TechFinancials Inc (LON:TECH) has announced that it has issued 3,868,615 of its shares to the owners of its joint venture partner, Optionfortune Trade Limited. Optionfortune operates the DragonFinancials binary options broker, focused on Chinese and Far East clients. As we reported in early June, TechFinancials had actually placed the shares in…

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March 27, 2017 BY LeapRate Staff

Binary Options broker Anyoption requests affiliates sign letter on marketing use of German TV star Robert Geiss

LeapRate Exclusive... LeapRate has learned that binary options broker Anyoption has sent a circular out to its affiliates, regarding unauthorized advertising and promotion which one or more of its affiliates has been doing. Apparently, one or more Anyoption affiliates has been actively marketing the company in Europe using the images of Robert and Carmen Geiss…

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March 24, 2017 BY LeapRate Staff

Regulated broker Opteck drops Binary Options from its trading lineup

LeapRate Exclusive... LeapRate has learned that Cyprus regulated broker Opteck (operating at opteck.com) has recently dropped Binary Options from its list of tradable assets. Opteck, which is a brand of CySEC CIF license holder Centralspot Trading Ltd, has been operating for several years and marketing itself mainly as a Binary Options broker. As a licensed CIF…

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SFC fines
March 21, 2017 BY Valentina Kirilova

Vision Financial Partners fined more than $6.5 million in CFTC binary options fraud action

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James I. Cohn of the U.S. District Court for the Southern District of Florida entered a Consent Order against CFTC Defendants Neil Pecker with a last-known address in Longwood, Florida and his company, Vision Financial Partners, LLC (Vision) of Deerfield Beach, who were charged…

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