Following onsite inspections by CySec of Safecap's operations in May 2013 and October 2014, the Cypriot regulator has imposed a €168,000 fiscal penalty relating to administrative issues
Read morePublicly-traded Playtech, in which Sagi still holds 33%, will acquire TradeFX - parent of Markets.com, TopOption, ForexYard and other brands - for €208 million cash plus future contingent payments.
Read moreAnother retail forex broker reporting on its post-Swiss Franc crisis position is Cyprus-based broker Markets.com. Markets.com is a subsidiary of CySEC-regulated Safecap Investments Limited, ultimately controlled by Israeli online magnate Teddy Sagi. Markets.com reports 'business as usual', and that the company actually had a profitable trading day in Thursday's session. In addition, the company stated that it is forgiving…
Read moreArsenal Football Club has welcomed Markets.com as an official partner. Named as Arsenal’s official Forex, CFD and Binary Trading Partner, Markets.com will activate the partnership in a number of territories, with a particular focus on Asia where the Gunners have strong support following recent pre-season tours and sustained digital fan engagement. The agreement will afford…
Read moreLeapRate Exclusive... LeapRate has learned that popular online gaming website Winner.com has added Binary Options trading, using the new Keystone binary platform. Keystone is the in-house trading platform of Retail Forex broker Markets.com. It is interesting to note that Markets.com's own binary brand, TopOption, launched using the SpotOption platform. The leading binary options platform providers, including SpotOption…
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