Following the successful launch of Banc De Binary in Cyprus and the acquisition of the Cyprus Securities and Exchange Commission (CySec) licence, the company further enhances its credibility and reputation as an industry leader by reaching another significant milestone with a foothold in the European market.
In a period of only three months, Banc De Binary has made huge steps towards establishing binary options as a regulated investment tool. As a result of its efforts, the company is now registered with the UK’s Financial Services Authority (FSA), the German Federal Financial Supervisory Authority (BaFin), the Spanish Comision Nacional del Mercado de Valores (CNMV) and the Italian Commissione Nazionale Societa e la Borsa (CONSOB), following Cyprus’ leap in the regulation of binary options. These developments will in effect allow the firm to accept new investors from the UK, Germany, Spain and Italy.
Banc De Binary founder and CEO, Oren Laurent, said: “We have long voiced our desire to expand in these markets and through the obtained license and the registration of Banc De Binary in UK, Germany, Spain and Italy now we can serve investors throughout Europe. Our clients can be assured of the highest level of professional standards, customer service, financial security and transparency in their transactions with us”.
Banc De Binary offers investors four types of accounts, all with the guarantee of their premium 24/7 service facilities. With state of the art award-winning trading platforms, Banc de Binary offers trading on more than 90 tradable assets and additionally provides daily market research reviews.
To find out more about Banc de Binary or to open an account visit the company’s website www.bbinary.com.
What are Binary Options?
Binary options – also known as Fixed Return Options (FROs) – differ from traditional investments in that investors are only required to correctly predict the direction of an asset movement in order to complete a successful trade. With binary options there are generally only two possible outcomes. “Up” or “Down”.