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IMPORTANT UPDATE AND WARNING:

We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as FXORO.



Cipriot Regulator (CySEC – Cyprus Securities And Exchange Commission) Suspends CIF Licenses of 3 Major Binary Options Firms

CySEC refers to violations of legal provisions concerning the companies’ own funds and capital adequacy ratio for the licenses suspension. The Cyprus Securities and Exchange Commission (CySEC) has today published a raft of decisions taken by its Board concerning several FX and binary options brokers. The Cyprus Investment Firm (CIF) licenses of the firms affected have been suspended, with the regulator noting the same reasons for the move – alleged violations by these brokers of the legal provisions for own funds and capital adequacy ratios.

Read full post here: http://financefeeds.com/cysec-suspends-cif-licenses-several-fx-binary-options-firms/