Forex Industry News was highlighted this week by a number of senior FX executive moves, all of which were reported exclusively or first at LeapRate. Who is the new CEO at GKFX? Where did former NetDania CEO Jonas Nielsen move to? Which institutional FX B2B firm did AMB Prime executive Paul Orford join? Who is…
Read moreFTSL officially obtained its license (259/14) with the Cyprus Securities and Exchange Commission (CySEC) on November 26, 2014 and is now awaiting for the activation of that license
Read moreBinary firm chooses to move ahead unregulated, how will traders react? In an official announcement from CySEC binary option brand Trading247 has decided to opt out of any sort of regulation. The license now in question was granted to Trading247.com’s parent Magline Investments Ltd. Some binary options brokers are apparently coming to the decision that…
Read moreComes several weeks after a similar warning by the AMF against 23 unregulated Forex brokers Last week the French regulator AMF (Autorité des Marchés Financiers) released a list of binary options companies that have caught the attention of the Financial Markets Authority. The text in the press release states that the companies are not authorized…
Read moreApparently the company failed to provide evidence of professional qualifications of the main shareholder as the law requires Last Friday the CySEC has issued a statement clarifying that it has rejected the application of ShortOption for a CIF license due to a questionable shareholder within Stardor Limited, which is the company behind the binary options…
Read moreBeta testing mode now available, full launch about February 2014 Competition has just gotten harsher in the binary options platforms space. We have a new kid on the block and it is definitely not one to be underestimated considering the amount of innovation we have observed for the past year from the company behind it. UK based platform provider…
Read moreThe company has been spared a huge fine in return for a commitment to get regulated Cypriot regulatory authority CySEC is on the move once again. The regulator has announced in a statement on its website that it is administrating a fine totaling 15,000 Euros on the company Zoompartners Ltd, which is behind the Zoomtrader…
Read moreThe regulator continues its crackdown on unlicensed binary options brokerages Cypriot financial regulator CySEC has informed the public in a press release today that the company standing behind PlanetOption is not permitted to conduct business in the country and it has never been issued a license and is outside of its regulatory framework. Based on…
Read moreCySEC remains one of the few regulators to license binary options brokers. LeapRate Exclusive... LeapRate has learned that Cyprus-based binary options broker Cedar Finance has been granted a Cyprus Investment Firm (CIF) license to binary options broker Cedar Finance. The license was actually issued to Cedar Finance's parent company T.B.S.F. Best Strategy Finance Ltd. Cedar Finance…
Read more