CySEC suspends the licence of Topoption, OptionsClick, Prestige Option and other brokers

The Cypriot financial regulator has suspended the licence of several binary options for ten days.

Brokers, that have their licence suspended, are Topoption, OptionsClick, Prestige Option, Excellence Option, Platinium Option, Prooption, Dragon Option and TradersTrust.

The reason is that these brokers don’t hold adequate own funds and capital ratio. Until they get their licences bank, they cannot let their clients trade and they must allow them withdraw money.