Binary Trade Plus and Ace Trade Options are not regulated, warns the CySEC

CySEC, the financial regulator from Cyprus, has warned the public about two binary options brokers.

Binary Trade Plus and Ace Trade Options are two binary options brokers that claim that they are run by a company called B.O. Tradefinancials that is regulated by the CySEC.

But that statement is false on two levels. First, B.O. Tradefinancials does not run these brokers. Second, B.O. Tradefinancial is no longer regulated, it renounced to its licence earlier this year.

So even if Binary Trade Plus and Ace Trade Options were run by this company, they still would not be regulated.

For trading use regulated brokers.

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