CySEC withdraws CIF license Rodeler, operator of 24Option

24Options’s operation was also banned by other regulators. Rodeler was also banned in the UK by the Financial Conduct Authority in June 2020 for using fake endorsements from celebrities on social media and webpages to attract consumers.

The French regulator AMF banned Rodeler Limited from providing services to both new and existing clients in France back in 2016. AMF later waiving the prohibition against 24Option in 2017  as the company had taken “measures… to remedy the situation”.