April 07, 2016 BY Maria Nikolova

CySEC suspends ACFX license for one month

The Cyprus Securities and Exchange Commission (CySEC) has flashed its regulatory teeth at Atlas Capital Financial Services Ltd, the parent of Forex broker ACFX, operating via acfx.com. The regulator today announces the suspension of the Cyprus Investment Firm (CIF) authorisation of Atlas Capital Financial Services Ltd, due to the company's possible non-compliance at all times with…

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April 07, 2016 BY Maria Nikolova

Swiss FINMA conducts 794 investigations, imposes 14 industry bans in 2015

The Swiss Financial Market Supervisory Authority (FINMA) has just published its Enforcement Report for 2015, with the data showing that the regulator focused on unauthorized financial services providers last year. Of all the 794 investigations started by FINMA in 2015, more than 500, or the majority, targeted unlicensed financial service providers. This marks an increase…

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April 07, 2016 BY Maria Nikolova

RoboOption makes weekend trading available to clients

RoboOption, a binary options service operated by CySEC-regulated RoboForex, has made trading during weekends available to its clients. Thanks to the expanded trading hours, traders can actually make use of the approximately 104 days occupied by weekends each year. Trading at weekend is available for Long Term and One Touch options with payouts from 72%…

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April 07, 2016 BY Maria Nikolova

CySEC extends CIF license suspension of Interactive Option parent Pegase Capital

The Cyprus Securities and Exchange Commission (CySEC) has just announced an extension to the suspension of the Cyprus investment firm (CIF) license of Pegase Capital Limited, which owns brands like Interactive Option. The regulator initially suspended Pegase Capital's license on March 4, 2016, referring to numerous numerous violations of Cypriot investment laws. In November last year,…

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April 07, 2016 BY Maria Nikolova

Dukascopy unveils changes to binary options trading conditions

Swiss Forex broker Dukascopy has just announced a set of changes to binary options trading conditions, with enhancements ranging from increased payouts to extended time duration for up/down options. For starters, the company has expanded the Up/Down options maximum duration from 60 minutes to 24 hours, in a move to please fans of longer-term options.…

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April 07, 2016 BY Maria Nikolova

SwipeStox social trading app goes live

A follow-up to LeapRate's earlier report about the developments around mobile social trading app SwipeStox... Frankfurt-based company Swipestox GmbH starts live trading of financial instruments with their application SwipeStox. The start-up aims to inspire its users to share their successes and actively participate in their community. Following a six-month trial phase, SwipeStox has commenced live…

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April 07, 2016 BY Maria Nikolova

British Columbia regulator adds Interactive Option to Investment Caution list

The British Columbia Securities Commission (BCSC) has added its voice to the chorus of concerns regarding Cyprus-registered binary options broker Interactive Option. On Wednesday, the British Columbia regulator added Interactive Option, a brand of Pegase Capital Limited, to its Investment Caution list, noting that the company is not authorized to offer investment services to BC…

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April 06, 2016 BY Maria Nikolova

RoboForex launches analytics center

Retail FX broker RoboForex has just announced the addition of a comprehensive analytical service to its offering. The “RoboForex analytics center" includes trading instruments, signals, strategies, educational materials, and "Q & A" page, where each client has an opportunity to pose questions to analysts. The new service, launched in collaboration with Claws & Horns, is…

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