The FMA noted a recent warning by the Australian Securities and Investment Commission (ASIC) against conducting business with binary options broker 24option.
The FMA recommended exercising caution before dealing with 24Option and noted warning by another regulator – the French AMF.
24Option is operating at website https://www.24option.com/eu/binary-cfd/ and is not registered to offer financial services in New Zealand.
Rodeler Limited, based in Cyprus and operated out of Israel, is the company which owns and operates the 24option website (24option.com). It has been rejected for a professional securities market participant license by the Bank of Russia last year.
FMA strongly recommends that you do not invest money through this company.
The official warning can be seen here.