Technozone Solution Launches New Binary Options Brand, UltraTrade
Technozone Solution UK Limited has unveiled UltraTrade, a UK-based binary options brand regulated in Belize.
Technozone Solution UK Limited, a provider of financial trading products and services, has undergone the launch of a new binary options brand, UltraTrade, according to a Technozone statement.
London-based UltraTrade was founded in late 2015 and provides several trading instruments, including binary options, precious metals, and foreign exchange (FX).
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Currently, UltraTrade is licensed in Belize and boasts upwards of seventy employees already worldwide. Since its inception, the group has opted to implement the trading tool, iFollow, which effectively allows introductory novice and advanced traders to transition into the company’s platform.
According to UltraTrade’s Director, Rebecca Saunders, in a recent statement on the launch of the group: “UltraTrade was developed to provide a clear, easy to understand Binary Options Broker alternative in an industry laced with less than stellar Online Trading Providers. Being a licensed broker, we are the choice for investors who want to trade the right way, in a safe, secure and regulated trading platform.”
“Once trading opened up to more people, moving online and no longer having a need for a large amount to get started investing, I realized I could help people be successful by giving them a safe place to trade and access to expert analysts, trading strategies, tools and education,” added Ms. Saunders, who outlined the impetus behind the branding of the group.
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Way to go! What better time to divert attention away from the recent Chinese fiasco in which they were involved. First they announce they made 15 Million from the recent EUR/CHF move and now they throw this in the bundle to divert the attention away from them. Anyone with a basic trading knowledge will realize that in order for a broker to make 15 Million from the recent EUR/CHF move would mean the following prerequisites: Facts -> Brokers that lost the big money were the brokers with direct STP of client orders on short which got whipped on the freefall… Read more »
Let me translate for the people not familiar with DFSA regulation. When the spokesman for IronFX says: “We are aware of the strict regulation and restrictions under the DFSA authorization but with such prestigious authorization we will aim on targeting professional clients in the MENA region” What they really mean is: We did not get a retail endorsement from the DFSA because we didn’t meet their requirements so we don’t have authorization to take on retail clients and we can only deal with what the DFSA defines as “professional clients”. A Professional Client as defined by DFSA need to have… Read more »
get a life jake mita or what ever your name is. jealous, jealous, jealous
As far as i know. the retail authorization from DFSA doesn’t have any extra requirements other than being an active member in the DFSA. Swissquote and Saxo has it so the above statement about “They didn’t meet the requirements” doesn’t really stand since there are no requirements.
you can read that on the DFSA website.
@Jacob I’m assuming you work for them? Maybe consider buying stocks when they go public for 800M then. It would be the investment of your life. Or maybe team up with leaprate (the forexmagnates copycat) and help out on the exclusive interviews that support the glorious CEO and help them cover up all their mess. U and them must think people are very stupid not to understand what is hiding behind all of this. When collapse day comes Ill be waiting for you right here to debate on who is going to need a life. As I said don’t miss… Read more »
@ Jake,
You are a harsh one, aren’t you? 🙂
On a serious note though, I have a very bad feeling that they will go bust, but go bust bad. I wonder even more, the CySEC, and all of the other regulators that they have don’t go knocking on their doors. Hell. After all of those news they should be slamming out their doors with a ram.
Why did not Forex Magnates report on the fact that IronFX has already PAUSED all Chinese clients withdrawal requests?
Does that mean squat to everybody that IronFX is already INSOLVENT?