Cyprus financial regulator CySEC has once again extended the suspension of ASP license of the administrative services provider Mutual Trust Limited. CySEC has stated that Mutual Trust Limited appears to be non-compliant with Cyprus’ law of protection of client funds, its own funds appear to be less than the sum of its capital requirements, and…
Read moreCyprus financial regulator CySEC has withdrawn the suspension of binary options broker EZTrader (via its parent company WGM Services Ltd), and restored its CIF license. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. The company is run by founder and CEO Shimon Citron. Its board of directors includes…
Read moreCyprus financial regulator CySEC has taken measures to suspend the CIF license granted to WGM Services Ltd., parent of binary options broker EZTrader.com. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. EZTrader reported revenues of $7.95 million for the first six months of 2014, but was…
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