Tag: SpotOption

forex industry news update
December 11, 2016 BY LeapRate Staff

Forex Industry Week Review: CFD regulation, new SpotOption CEO, FXCH fundraising, Gain Capital Payments CEO quits, and lots more…

Forex Industry News at LeapRate was headlined by regulator moves which are clearly going to alter the online trading industry landscape, if not change it altogether. Following news that Cyprus regulator CySEC is proposing to ban bonus payments to retail traders and put a soft cap on leverage - news which was first reported exclusively at…

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December 07, 2016 BY LeapRate Staff

SpotOption expands senior management hiring David Ripstein as CEO - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that leading binary options platform provider SpotOption has hired former RADCOM Ltd. NASDAQ:RDCM) Chief Executive David Ripstein as its new CEO. SpotOption founder Pini Peter will relinquish the CEO role to Mr. Ripstein, but remains with SpotOption as Executive Chairman. Ran Amiran, formerly Mr. Peter's #2, remains at SpotOption as…

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November 23, 2016 BY Valentina Kirilova

SpotOption introducing new CFD platform and MT4 binary options plug-in

Binary options platform provider SpotOption has just announced the successful launch of the latest trading product, CFDs. The CFD platform allows for trading on stocks, commodities, currencies, and indices, in major markets around the world, with flexible leverages, no shorting rules or borrowing stocks, and professional executions with guaranteed stop-loss and take-profit. The platform's transparency…

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November 14, 2016 BY LeapRate Staff

Binary Options industry association EUBOA holds meeting #3: no virtual bonuses, same-day withdrawals, and more

LeapRate Exclusive... LeapRate has learned that the new binary options industry association EUBOA held its third board meeting last week, this time in Israel. The first two EUBOA meetings, exclusively reported by LeapRate, took place in Cyprus. The EUBOA founders - which include some of the leading regulated binary options brokers and platform providers -…

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October 14, 2016 BY LeapRate Staff

Bjorn Krog Andersen named Chairman of new Binary Options industry association EUBOA - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that the newly formed European Brokers Association (EUBOA) has named Bjorn Krog Andersen (pictured at left) as the Chairman of the association. Mr. Andersen was Senior Vice President, Legal and Compliance at Saxo Bank for the past six years, before leaving the Denmark-based multi-asset broker about six months ago. He joined Saxo Bank…

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August 25, 2016 BY LeapRate Staff

Leverate exits Binary Options business, selling its BX8 platform product - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that online trading platforms provider Leverate has stopped selling its BX8 Binary Options platform product. Leverate is continuing to support BX8 for the binary options brokers who are already running it. We've learned from industry sources that Leverate is looking to sell the BX8 platform, along with the current clients running…

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July 26, 2016 BY Valentina Kirilova

Semi Vahap is the new CEO at SpotOption UK Ltd

Semi Vahap has been working in binary options platform provider SpotOption as a Chief Commercial Officer for almost three years. Now, Vahap has been promoted to the new CEO in the UK branch of the company. Semi Vahap has a long time experience in the field, particularly working in the binary options sphere, including over…

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March 16, 2016 BY Maria Nikolova

CySEC issues €10,000 administrative fine to SpotOption Exchange, €5,000 fine to BDSwiss

The Cyprus Securities and Exchange Commission (CySEC) has just announces its decision, made at a Board meeting in December last year, to impose administrative fines on SpotOption Exchange and BDSwiss Holding Ltd. Both Cyprus Investment Firms (CIFs) were issued fines for not complying with the Investment Services and Activities and Regulated Markets Law of 2007.…

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March 14, 2016 BY LeapRate Staff

SpotOption's Spot+ and the importance of automated brokerage solutions

LeapRate Exclusive Interview... The issue of Automation seems to be coming up a lot more lately in the lexicon of Forex and Binary Options brokers. Following the lead of brokers (such as Plus500) which have been very successful at automating their operations - including everything from customer acquisition to retention - we have been witnessing…

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February 17, 2016 BY Maria Nikolova

Number of SpotOption's mobile app downloads tops 5 million

Binary options platform provider SpotOption today announces that the number of downloads of their mobile application has reached 5 million, as popularity of mobile solutions gathers speed. The company attributes the recent growth in popularity to operator encouragement, as the benefits and opportunities have become more evident. Allowing traders to trade on-the-go, from any location obviously…

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