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RoboForex has embarked on a restructuring of its business as the company decided to phase out its binary options offering RoboOption. The firm has decided to focus its efforts on the foreign exchange and CFDs market instead, with a forward looking single share CFDs offering in the coming months.
RoboOption was the brand name for the Cyprus Securities and Exchange Commission (CySEC) regulated RoboForex (CY) Ltd. The binary options offering of the company has been fully regulated and was focusing on a market which is now increasingly under scrutiny by CySEC and other regulators.
The other offerings of the RoboForex will remain ... (read more)