Tag: EZTrader

March 26, 2015 BY Maria Nikolova

Cypriot regulator imposes EUR 10,000 fine on WGM Services

Cyprus Securities and Exchange Commission (CySEC) today announced its decision to impose an administrative penalty on WGM Services Ltd, a investment firm that owns binary options brand EZTrader and forex broker EZInvest. The administrative measure consists of a EUR 10,000 fine. The regulator said the penalty reflected the fact that WGM Services' websites www.ezinvest.com and…

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December 28, 2014 BY Mike Fox

Weekly Look Back: IG Group and Gain Capital shares end short week on bullish note, CFDs gain market share, and a binary broker has license restored

A look back at the most intriguing and popular forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles, sign up to our Daily Forex Industry Newsletter on the right. → The ruble drama calmed down in a shortened week due to holiday festivities,…

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December 24, 2014 BY LeapRate Staff

EZTrader gets its CIF license back - official company statement

LeapRate Exclusive.... LeapRate has obtained the official company statement from EZTrader on the withdrawal of its CIF license suspension by CySEC. EZTrader's CIF license was suspended temporarily by Cyprus financial regulator CySEC in late November. CySEC removed EZTrader's suspension yesterday, stating that it has been satisfied that the company complied with the provisions of the Law. The…

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December 23, 2014 BY LeapRate Staff

CySEC withdraws suspension of binary options broker EZTrader.com

Cyprus financial regulator CySEC has withdrawn the suspension of binary options broker EZTrader (via its parent company WGM Services Ltd), and restored its CIF license. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. The company is run by founder and CEO Shimon Citron. Its board of directors includes…

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November 20, 2014 BY LeapRate Staff

CySEC suspends CIF license of binary options broker EZTrader.com

Cyprus financial regulator CySEC has taken measures to suspend the CIF license granted to WGM Services Ltd., parent of binary options broker EZTrader.com. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. EZTrader reported revenues of $7.95 million for the first six months of 2014, but was…

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