Category: Binary Options

TechFinancials converts loan into Footies
March 02, 2017 BY LeapRate Staff

TechFinancials to receive additional $1.5 million payout from Asia binary options JV DragonFinancials

Binary options platform provider and operator TechFinancials Inc (LON:TECH) has announced that it will receive an additional $1.5 million dividend payout from its DragonFinancials joint venture subsidiary, which focuses on the Asia Pacific region. This follows the $1 million dividend which TechFinancials received from DragonFinancials last November. We had reported last September, when TechFinancials announced…

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OSC
February 27, 2017 BY LeapRate Staff

Binary Options broker OptionRally receives warning from Canadian regulator OSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has added to its Warning List offshore binary options broker OptionRally, operating as TCM Investments Ltd. from website optionrally.com. According to the OSC, OptionRally is not registered in Ontario, Canada to engage in the…

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February 21, 2017 BY LeapRate Staff

Belize regulator IFSC warns against Binary Options broker TitanTrade

Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding binary options brokerage firm TitanTrade, operating from website titantrade.com. As we've reported, TitanTrade has had other warnings issued against it by regulators in Canada and Australia. On its website, TitanTrade shows as its address 35 Barrack Road, Belize City, Belize. According to…

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February 15, 2017 BY LeapRate Staff

Binary Options group Novox Capital fined €175,000 by CySEC

Cyprus financial regulator CySEC has announced a €175,000 fine imposed to Novox Capital Ltd. Novox is a licensed CIF company which operates a number of Binary Options, Forex and CFDs brokerage brands, including OptionBit (at website optionbit.eu), ZoomTrader Global (at zoomtraderglobal.com), RoyalPip (at royalpip.com), and NGN Broker (at ngnbroker.com). The largest portion of the fine,…

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February 14, 2017 BY Valentina Kirilova

Italy regulator CONSOB outlines risks of Binary Options trading

Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has published a communication for investor protection on the risks associated with new highly-speculative, risky and complex forms of financial investment such as contracts for difference (CFDs), rolling spot forex and binary options which, over the last few years, have spread more…

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SEC investor fraud
February 13, 2017 BY Valentina Kirilova

CySEC beefs up Binary Options brokerage rules including 5-minute minimum and lifting restrictions on exiting trades

The Cyprus Securities and Exchange Commission (CySEC) has today published a consultation paper regarding its proposed reforms to the regulatory framework governing the provision of investment services in binary options by firms under its supervision (CIFs). CySEC proposes five fundamental reforms to eliminate deficiencies in the existing regulatory framework for binary options, and establish new,…

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