CySEC Restores the License of Binary Options Brokerage EZTrader

Binary options broker EZ Trader has just gotten its license back from the Cyprus Securities and Exchange Commission, which highlighted

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

EZTrader logoAccording to an announcement by the Cyprus Securities and Exchange Commission (CySEC), the license of the company behind binary options brokerage EZTrader, WGM Services Ltd., has been restored.

The regulator made the decision during its meeting on December 22nd, 2014, highlighting that the company is now in full compliance with the Cyprus Investment Firm (CIF) regulations. Previously, CySEC stated that the company had violated a number of rules including safety of client funds and capital adequacy requirements, while having large exposures.

Suggested articles

Going Past the Great Wall: Things to Consider When Entering the Asian MarketGo to article >>

After the due diligence process conducted by EZTrader, the concerns of the regulator have been fully addressed.

The company has recently released its new mobile app for Android devices, with the expectations for an iOS addition to be available in the near future.

Got a news tip? Let Us Know