CySEC CIF license granted to StockPair parent Nextrade Worldwide Ltd.
Nextrade Worldwide Ltd. DBA StockPair, has been approved as a regulated Cypriot Investment Firm (CIF). They were officially added to list of regulated firms as of March 21, 2014 under license number 229/14. This is a step forward for the StockPair brand who maintains a highly regarded status within the community of binary traders. They had cut off accepting USA clients a couple of months ago in preparations for this move to become regulated in the EU. The official status as regulated CIF should further enhance its market position and status in the market going forward.
Parent company of the brand Nextrade Worldwide Ltd. has a lot of potential and is clear to let clients know they specialize in the pair aspect of trading, though all traditional binary options are also available. StockPair states on their website “Pair Options let you trade on the relative performance of stocks and commodities, and profit by taking position on which option will perform better.” They also have an edge on the market with their own unique platform. The platform is built around a patent pending pricing engine (US Patent Pending 61/372,890), which enables accurate, real time pricing, and an innovative secure visual interface which offers a unique interactive trading experience. The platform alone makes the company extremely valuable. Kudos to StockPair on moving up to become a regulated entity.