CySEC and International Financial Services Commission (IFSC) of Belize regulated brokerage RoboForex informed the public today that the name of RoboTrade Ltd company licensed under IFSC/60/271/TS/16 was changed appropriately to RoboForex Ltd.
Apparently, the purpose of this change was the unification of the names within RoboForex group.
RoboForex holds the IFSC of Belize license for trading in financial and commodity based derivative instruments and securities, its latest license being renewed 2 June 2016.
RoboForex also holds regulation from CySEC with headquarters in Limassol for European clients; while its Belize regulated brokerage can service more jurisdictions and offers the cTrader platform, which the CySEC EU regulated office does not provide.
RoboForex also made another recent change by removing Binary Options instruments from the brokerage…with the web platform now taken offline.
Due to the company’s name change clients do not have to take any additional actions. All terms of services provided by the company remain the same.