It’s official. We are thrilled (that’s an understatement of the mood in the office) to announce that Banc De Binary is now fully regulated by CySEC (license 188/13). Over the last 6 months, we have been working hard and incorporating several new procedures behind the scenes to reach this point. We opened a new office in Cyprus which will now serve as the centre for our European operations. And the cherry on top of the cake is that we are the first binary brokerage to achieve such a license. Thank you to all of our traders who have supported us during this process.
We can now guarantee to you that all client funds are insured and kept in segregated accounts, that all our brokers meet the required professional criteria, and that everything we do as a business is to the highest professional standards in line with EU law.
The plan is now to passport the license into other EU member states. So watch this space.