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Screenshot of a breaking news alert e-mail from Q2 2017
OptionFair brings to six the number of licensed binary options brokers in Cyprus.
LeapRate has learned that binary option broker OptionFair has just received its CySEC CIF license, making it the sixth binary options broker to successfully get through CySEC. The license was actually granted to OptionFair’s parent company, B.O. Tradefinancials Ltd., which is also the parent of binary options platform provider TechFinancials. Not surprisingly, OptionFair runs on the TechFinancials platform.
TechFinancials is actually not the first binary options platform provider to itself receive a CySEC CIF license. That distinction goes to industry leader SpotOption, which often acts as a ‘binary market maker’ for its broker clients. SpotOption received its CIF license back in May of last year.
The other five Cyprus binary brokers which have received CySEC licensing include:
|Binary Options Broker||Platform Provider|
|Banc de Binary||SpotOption|
CySEC decided to regulate binary options