Binary Options From Cyprus
Many binary options brokers at that time were based out of Cyprus and they suddenly had to become authorised by the CySEC regulator. (ICF) is established as a special fund for clients of Cyprus Investment Firms (CIF’s) that are no credit institutions. Between 74-89 % of retail investor accounts lose money when trading CFDs. Area of ICF’s activity is defined and regulated by a special directive. Currently CySEC are the only European financial regulator to recognize non-exchange traded Binary Options as a financial. On The binary options 3,the Cyprus Securities and Exchange Commission CySEC announced a policy change regarding the classification of binary options as financial instruments. There are a couple of reasons why most of the FX brokers are based and regulated in Cyprus. Some brokers allow you to open trading accounts with as little as $10, which is a great way to get started without risking a lot of money. However, binary options binary option di fbs has much binary options from cyprus lower entry requirements, as some brokers allow people to start trading with as low as $10. Cyprus has become the popular destination for financial services firms due to the countries membership of the European Union and the favourable tax situation “Ouroboros Derivatives Trading Limited is the first Cyprus Investment Firm (“CIF”) to receive a license from the Cyprus Securities & Exchange Commission (“CySEC”) on the bases of providing binary options trading (license number 187/12). By being one of the first to regulate binary options, they would attract opciones binarias bvl more binary options brokers than other countries. Their regulations are quite effective too. CySEC has been very welcoming Unlike many other regulators, CySEC has been very fast in processing t. The effect is that binary options platforms operating in Cyprus, where many of the platforms are now based, would have to be CySEC regulated within six months of the date.