Both companies show that they're based in Cyprus; Frontier even claims to be authorized by CySEC. Cyprus financial regulator CySEC has continued its crusade against unregulated forex and binary brokers which operate unlicensed out of the country, or (more likely) which appear to be based in Cyprus. The latest two? Retail forex broker site FrontierForex…
Read moreComes several weeks after a similar warning by the AMF against 23 unregulated Forex brokers Last week the French regulator AMF (Autorité des Marchés Financiers) released a list of binary options companies that have caught the attention of the Financial Markets Authority. The text in the press release states that the companies are not authorized…
Read moreThe company has never been regulated under the jurisdiction and doesn’t claim to be In its usual vague tone the Cypriot regulator has added another name to the list of binary options companies it issued a warning against. The brokerage is LBinary.com and according to the website the company operating it - Live Binary Ltd…
Read moreCedar was late in filing paperwork with CySEC, and in any event is focusing on Asia. Seems as though CySEC licensing isn't all its cracked up to be for binary options brokers. Cedar Finance, one of a handful of binary options brokers to receive CySEC licensing in the past few months, has now seen its…
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…
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