Several leading retail forex brokers are actively adding binaries to their menu of tradable products Fresh out of the box: FXDD now starts offering binary options trading through an agreement with binary platform provider SpotOption. The platform to provide the brokerage’s clients with the new service is called Spot Binary Trader, which is a web…
Read moreIt looks like CySEC’s earlier warning against TraderXP was for the same company The Cypriot regulatory authority CySEC has issued another warning against dealing with a binary options broker called Sycamore Options. Just as in previous cases there was no detailed information in the announcement on CySEC’s website as to whether or not the company…
Read moreAs we previously reported, Binary Options and Forex brokers continue to flock to Cyprus. The EU-Cyprus bailout crisis and subsequent bank account 'haircut' which occurred this spring has not dampened traders' enthusiasm for engaging with Cyprus-based brokerages. And as such we continue to see a number of startup (and existing) binary options and forex brokers…
Read moreIt appears the grace period for Cyprus based binary brokers to apply for a CySEC CIF license has lapsed. Cyprus financial regulator CySEC has sent out a release warning investors against binary options broker NRGbinary (www.nrgbinary.com), and its parent company NRG Capital (CY) Ltd. CySEC states that NRGbinary is not and has never been licensed…
Read moreUnclear what the CySEC warning against TraderXP. It is interesting comparing the warnings and fines issued by regulators such as the CFTC in the US, and CySEC in Cyprus. The CFTC is always very precise and detailed when it issues a warning, specifying what exactly happened (or is alleged to have happened). CySEC's pronouncements, however,…
Read moreAlpari also adds CFDs on MT4, and a 'Nano' MT4 account with no minimum deposit. Forex broker Alpari has formally launched Binary Options trading for clients. Binary options at Alpari will run on the MarketsPulse platform, and will formally be run through an agent agreement with a third party company called Binary Products Limited. Alpari will…
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