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 STR Capital.

CySEC Modifies Ouroboros Derivatives Trading Ltd (AnyOption) License

Full document on CySEC website can be viewed here.

Ouroboros Derivatives Trading Ltd

24, 28th October Avenue, Engomi, CY-2414 Nicosia
Licence Number: 187/12
Licence Date: 31/12/2012
Company Registration Number: 302952
Telephone: +357 22 024882
Fax: +357 22 029298
Country: Cyprus
Web Sites:;

Investment Services

Reception and transmission of orders in relation to one or more financial instruments:
Execution of Orders on Behalf of Clients:
Dealing on Own Account:

Ancillary Services

Safekeeping and administration of financial instruments, including custodianship and related services:

Cross Border Services to Member States

Austria, Belgium, Bulgaria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, The Netherlands, United Kingdom

Cross Border Services to Countries Outside EU

CIFs are permitted to provide their services on a cross border basis outside the EU provided that they have obtained the necessary licenses from these countries.

Afghanistan, Albania, Algeria, Andorra , Angola , Anguilla , Antigua and Barbuda, Argentina , Armenia, Aruba , Azerbaijan , Bahamas, Bahrain, Bangladesh, Barbados , Belarus, Belize, Benin, Bhutan , Bolivia, Bosnia , Botswana , Brazil , Brunei Darussalam , Burkina Faso, Burma, Burundi , Cambodia , Cameroon , Canada , Cape Verde, Central Africa , Chad, Chile, China, Colombia , Comoros , Congo, Democratic Republic, Congo, Republic, Costa Rica, Cuba, Curacao, Djibouti, Dominica, Dominican Republic , East Timor, Ecuador , Egypt , El Salvador, Equatorial Guinea, Ethiopia , Fiji, French Guiana , French Polynesia, FYROM, Gabon , Gambia, Georgia, Ghana, Gibraltar , Grenada, Guadeloupe, Guatemala, Guinea Bissau, Guyana, Haiti , Honduras, Hong Kong , India, Indonesia , Iraq, Ivory Coast , Jamaica , Japan , Jordan, Kazakhstan , Kenya, Kiribati, Korea, North, Korea, South, Kosovo, Kuwait, Kyrgyzstan , Laos, Lebanon , Lesotho , Liberia, Libya , Macau , Madagascar, Malawi, Malaysia , Maldives, Mali, Marshal Islands , Martinique , Mauritania, Mauritius, Mexico , Micronesia , Moldova , Monaco, Mongolia, Montenegro , Morocco , Mozambique, Namibia, Nauru, Nepal, Netherlands Antilles, New Caledonia , New Zealand , Nicaragua , Niger , Nigeria , Oman , Pakistan , Palau, Palestinian Territories , Panama , Papua New Guinea , Paraguay, Peru, Philippines, Puerto Rico , Qatar, Reunion Island, Russia , Rwanda, Saint Kitts and Nevis, Saint Lucia , Saint Vincent and Grenadines, Samoa, San Marino , Sao Tome and Principe, Saudi Arabia , Senegal, Serbia, Seychelles, Sierra Leone , Singapore , Sint Maarten, Solomon Islands, Somalia, South Africa, South Korea , South Sudan, Sri Lanka , Sudan , Suriname , Switzerland, Syria, Taiwan, Tajikistan , Thailand , Togo , Tonga , Trinidad and Tobago , Tunisia , Turkmenistan, Tuvalu, Uganda , Ukraine , United Arab Emirates , Uruguay , Uzbekistan, Vanuatu, Vatican City , Venezuela , Vietnam, Virgin Islands US , Yemen , Zaire, Zambia, Zimbabwe.

Portfolio Management and Investment Advice License” reported today that “Anyoption” “Obtains CySEC License for Portfolio Management and Investment Advice” but from what we can see on the “CySEC” official website there is no mention of “AnyOption” having any type of Portfolio Management and Investment Advice license. What we do see is that the “Ouroboros Derivatives Trading Ltd” license on CySEC website was modified on the 29th of September 2016. What exactly was modified is unclear as the screenshots that we have prior to modification and the current licensing information on their website in this link seems to be exactly the same. Seems we will have to take FinanceMagnates word on this issue.