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Oct. 24th 2013: B.O. Tradefinancials receives financial license from Cyprus Financial Regulator – CySEC
The Cyprus Financial Regulator, CySEC has granted B.O. Tradefinancials Ltd a financial license to operate. This trading license is an important step towards realizing the ambitious objectives of the leading binary options broker, OptionFair. Regulation paves the way for entry into new markets where traders typically seek assurances about online brokerages from credible authorities.
CySEC – the Cypriot Safety and Financial Exchange Commission – regulates the trading activity of all of its licensed brokers; requiring adherence to a strict charter with full transparency of financial transactions. Whilst recognizing that regulation involves a significant investment in terms of both capital and manpower, senior management at OptionFair views the process as essential. “The opportunity that harmonized European financial regulation (MiFID) brings will enable us to provide the assurance of a regulated trading environment to all our thousands of satisfied clients; this is fantastic news for our clients and our company” said a company spokesman.
At OptionFair, binary options are presently available for a wide range of instruments including commodities, indices, stocks and forex. These investments provide competitive trading alternatives, as all that’s required is the correct anticipation of the direction of price movement. Binary options and their associated trading possibilities continue to expand in the online trading arena. As investors look to shore up their financial portfolios, they are increasingly diversifying into this lucrative field. The opportunity to earn bigger profits is an enticing prospect to newcomers and experienced traders alike.
OptionFair provides traders with a fully comprehensive base of financial trading articles, tutorials, webinars and guides. The didactic webinars provide traders with in-depth, real-time trading insights. Further, traders can make use of the ‘How to Trade’ page, with the associated glossary and FAQ. When traded correctly, binary options have the potential to yield returns in the region of 85% at OptionFair. Now with full licensing and regulation, OptionFair traders have access to trading options in a fully structured regulatory framework.