CySEC Temporarily Suspends CIF License of BoursePro and Boursebinary Parent

[kreslik.news]

The Cyprus Financial regulator CySEC has just informed the public that it handed down a suspension on the Cyprus Investment Firm (CIF) license of ‘Boursotrade Ltd’, which operates several brands, according to a decision being made at the meeting dated March 17, 2017.

Boursotrade Limited operates two forex and binary options providers. The first brand is BoursePro which is a regulated FX and CFDs brokerage firm operating as a subsidiary of BoursoTrade ltd and also registered in France to the “Authorité de controle prudentiel” (ACPR) of the Banque de France. The second brand is a binary options broker called Boursebinary, which ... (read more)