According to Cyprus and Exchange Commission, CySEC (one of the most important regulatory institutions of binary options) Airsoft Technologies is not reliable. Airsoft is a new website and it claims to offer high end software solutions to binary options brokers allowing them to start a Forex or binary options trading platform. It can rent its platform to while label brokers looking to rope in new clients.
According to CySEC, as stated on its website, Airsoft is not regulated by CySEC and that is why the regulatory institution issued a warning against Airsoft warning investors that is has no business or any regulation relationship with the company. According to the commission, it does not regulate any software provider entities and also Airsoft is not authorized by the commission to provide any investment and/or ancillary services and is not regulated by CySEC. Therefore any reference to Airsoft being regulated by CySEC in advertisements or on the internet is unfounded and misleading.
Airsoft happens to be a full service brokerage technology developer with its offices based in Hong Kong and Cyprus. According to the company it has an exclusive agreement with Cyprus Investment Firm AirFinancePro which happens to hold a CySEC license. According to Airsoft, due to this exclusive agreement the company is in a position to offer its clients services as a regulated entity abiding by the CySEC laws. Airsoft says that is has made sure that it is regulated by CySEC laws to offer its traders a fully regulated brand. It is focused on helping traders profit faster and without long frustrating procedures.
There are confusions regarding statements issued both by CySEC and Airsoft Technology. The company labels itself as a regulated broker looking forward to validating and expanding its business activities whereas CySEC mentions all connections with Airsoft as misleading and unfounding.