CySEC warns against Ace Trade Options and Binary Trade Plus websites

Detail

The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform investors that the websites acetradeoptions.com και binarytradeplus.com, do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.

In the above mentioned websites, the name and license number of the former Cyprus Investment Firm B.O. Tradefinancials Ltd are used illegally and without it’s authorization (on 25.6.2018, CySEC has decided to wholly withdraw the Cyprus Investment Firm authorisation with number CIF 216/13 of the company B.O. Tradefinancials Ltd).

CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. 

Source Link

https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=eaf02d2d-27f8-410b-8b1d-b853d582b1b1