News on the binary front as 24xp, which is a France focused broker under company name AMFF Ltd, is reporting to have achieved CIF status and become licensed and regulated by CySEC (Cyprus Securities and Exchange Commission). They are filed under license number 241/14 from July 1st.
Competition is heating up in binaries as the industry continues to mature, it is hard for firms to differentiate, but relying on solid regulation as a selling point to a client base is one way to quickly build up a solid reputation in the marketplace.
