Binary Options Broker TDOptions Gets Fined €50,000 By CySec
Friday,14/06/2013|10:56GMTby
Adil Siddiqui
Cyprus Securities and Exchange Commission issues €50,000 fine against binary options broker TDOptions for violating rules relating to firms offering financial services in the country without necessary authorisation.
The Cyprus Securities and Exchange Commission (CySEC), the financial regulator in the Island nation has announced today that binary options broker, TDOptions.com registered as TDO Consulting Ltd was fined €50,000. Consequently the binary options broker made a settlement of the amount in question.
In a statement on the regulators website, CySec states that the broker was in breach of article 4(1) of the Investment Services and Activities and Regulated Markets Law of 2007, by the Company because it appeared to have been offering investment services (in binary options) until December 2012.
Cyprus was the first EU regulator that endorsed the short-term trading product, on 5th May 2012 CySec made the announcement that it would officially recognise binary options as a financial instrument.
Cyprus has been a magnet for firms taking advantage of low taxes and sound infrastructure to offer binary options. Since the new regulations CySec has been filtering out the regulated firms from the un-regulated. Firms will be registered as CIF and will be under the scope of Law 144(I)2007.
In the official order CySec stated: “The settlement reached concerns alleged violation of article 4(1) of the Investment Services and Activities and Regulated Markets Law of 2007, as amended (the “Law”) by the Company because it appeared to have been offering investment services (in binary options) on a professional basis until 3.12.2012, without an IF licence according to the Law. The Company has paid the amount of €50.000.
Banc De Binary, a CySec regulated broker was recently sanctioned by US regulatory authorities for offering a regulated product without the correct authorisation.
Update: The fine is in Euros, it was previously stated in $ in the headline and first paragraph.
The Cyprus Securities and Exchange Commission (CySEC), the financial regulator in the Island nation has announced today that binary options broker, TDOptions.com registered as TDO Consulting Ltd was fined €50,000. Consequently the binary options broker made a settlement of the amount in question.
In a statement on the regulators website, CySec states that the broker was in breach of article 4(1) of the Investment Services and Activities and Regulated Markets Law of 2007, by the Company because it appeared to have been offering investment services (in binary options) until December 2012.
Cyprus was the first EU regulator that endorsed the short-term trading product, on 5th May 2012 CySec made the announcement that it would officially recognise binary options as a financial instrument.
Cyprus has been a magnet for firms taking advantage of low taxes and sound infrastructure to offer binary options. Since the new regulations CySec has been filtering out the regulated firms from the un-regulated. Firms will be registered as CIF and will be under the scope of Law 144(I)2007.
In the official order CySec stated: “The settlement reached concerns alleged violation of article 4(1) of the Investment Services and Activities and Regulated Markets Law of 2007, as amended (the “Law”) by the Company because it appeared to have been offering investment services (in binary options) on a professional basis until 3.12.2012, without an IF licence according to the Law. The Company has paid the amount of €50.000.
Banc De Binary, a CySec regulated broker was recently sanctioned by US regulatory authorities for offering a regulated product without the correct authorisation.
Update: The fine is in Euros, it was previously stated in $ in the headline and first paragraph.
Money Talks? How the Top Brokers Actually Do Marketing
FM Daily Brief: 21 April 2026
FM Daily Brief: 21 April 2026
It's Tuesday, the twenty-first of April, twenty twenty-six. You're listening to the Finance Magnates Daily Brief. Today's lead: the Bank for International Settlements has put dollar stablecoins on the regulatory hot seat. Also ahead: first quarter earnings from Capital.com and Plus500, Revolut pushes its IPO to twenty twenty-eight, and a look at where Singapore hedge funds are really moving.
It's Tuesday, the twenty-first of April, twenty twenty-six. You're listening to the Finance Magnates Daily Brief. Today's lead: the Bank for International Settlements has put dollar stablecoins on the regulatory hot seat. Also ahead: first quarter earnings from Capital.com and Plus500, Revolut pushes its IPO to twenty twenty-eight, and a look at where Singapore hedge funds are really moving.
In this video, we review @FundedNext a proprietary trading firm offering evaluation challenges for CFD and futures traders using simulated accounts.
We cover how the model works, including challenge types, profit targets, loss limits, and performance-based rewards. You’ll also learn about payout structures, supported platforms, and key features such as the firm’s 24-hour payout policy and flexible challenge formats.
Watch the full video to see if FundedNext fits your trading approach.
#FundedNext #PropFirm #PropTrading #FinanceMagnates #Trading #CFDTrading #FuturesTrading #TradingReview
In this video, we review @FundedNext a proprietary trading firm offering evaluation challenges for CFD and futures traders using simulated accounts.
We cover how the model works, including challenge types, profit targets, loss limits, and performance-based rewards. You’ll also learn about payout structures, supported platforms, and key features such as the firm’s 24-hour payout policy and flexible challenge formats.
Watch the full video to see if FundedNext fits your trading approach.
#FundedNext #PropFirm #PropTrading #FinanceMagnates #Trading #CFDTrading #FuturesTrading #TradingReview
TradingPro Winner Spotlight 🏆 | Global Best Overall Broker 2025
TradingPro Winner Spotlight 🏆 | Global Best Overall Broker 2025
TradingPro takes the spotlight as Global Best Overall Broker 2025 at the Finance Magnates Awards.
Yusna Yusman, Head of Global Marketing, describes the night as inspiring, elegant, and full of energy.
She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
TradingPro takes the spotlight as Global Best Overall Broker 2025 at the Finance Magnates Awards.
Yusna Yusman, Head of Global Marketing, describes the night as inspiring, elegant, and full of energy.
She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
In this video, we review @deriv an online broker offering CFDs and options across a wide range of markets, including forex, stocks, indices, commodities, cryptocurrencies, and derived indices.
We cover the broker’s overall offering, including its multi-jurisdiction regulatory structure, platform ecosystem, and range of account types. We also explore key features such as product availability, funding options, and trading conditions.
Watch the full video to see if Deriv fits your trading needs.
#Deriv #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @deriv an online broker offering CFDs and options across a wide range of markets, including forex, stocks, indices, commodities, cryptocurrencies, and derived indices.
We cover the broker’s overall offering, including its multi-jurisdiction regulatory structure, platform ecosystem, and range of account types. We also explore key features such as product availability, funding options, and trading conditions.
Watch the full video to see if Deriv fits your trading needs.
#Deriv #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Opening-Up eWallets’ Future: The Enduring Value of eWallets in the Trading Space ︳FM Talks x Paysafe
Opening-Up eWallets’ Future: The Enduring Value of eWallets in the Trading Space ︳FM Talks x Paysafe
eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
From fiat to crypto, payments to trading, everything is converging and wallets are right at the center of it.
#Fintech #eWallets #Trading #DigitalPayments #Stablecoins #Crypto #AIinFintech #FutureOfFinance #Paysafe #FMtalks
eWallets aren’t just moving money anymore, they’re running the show.
In this episode of FM Talks, Adonis Adoni (News Editor at Finance Magnates) sits down with Paysafe 's:
•Bob Legters, Chief Product Officer
•Jeannie Lam, VP of Sales & Account Management for Forex & Financial Trading
to break down how wallets evolved from simple payment tools into core trading infrastructure.
💥 Inside the conversation:
•Why wallets now drive growth, retention, and global scale for brokers
•The hidden power behind deposit success, fraud prevention, and UX
•Stablecoins: hype, reality, and where they actually fit today
•AI in wallets: smarter flows vs rising fraud risks
•The rise of white-label wallets and full ecosystem control
•What the future looks like when wallets become your financial brain
🔗 Learn more about @PaysafeGroup : https://www.paysafe.com/en/optimize-forex-payments-for-growth-in-2026/fm/?utm_source=fm&utm_medium=podcast&utm_campaign=2026-q1-fx-demand-gen&utm_content=podcast
From fiat to crypto, payments to trading, everything is converging and wallets are right at the center of it.
#Fintech #eWallets #Trading #DigitalPayments #Stablecoins #Crypto #AIinFintech #FutureOfFinance #Paysafe #FMtalks
