Parent of binary options brokers ZoneOptions and 24Options gets into the retail FX business
Cypriot binary options holdings company Rodeler has today launched a new brokerage under the moniker 24FX, setting its sights on accruing a retail FX client base.
The newly-established firm will provide its traders with a choice of two platforms, namely MetaTrader 4, along with Leverate’s Sirix solution.
Rodeler itself is the parent company of ZoneOptions and 24Option, two binary options brands which merged in December last year following 24Options’ sale to Rodeler by previous owner Cbay Financial Services Ltd which in turn renounced its own CySec license the same month.
The two binary options brands continued to operate congruently, under the CySec CIF license held by Rodeler, with the firm now expanding its operations to include retail FX.
According to 24FX’s website, the newly formed FX company will also utilize the existing Rodeler CIF license, number 207/13, along with its binary options brands.