Authority is anyoption a fine

Authority is anyoption a fine

binary-715786__180The financial market inspectors from the Cyprus Securities and Exchange Commission (CySEC) put their hard line continued to infringements of their provisions. They do not stop at the big names. After the binary options brokers 24option Banc de Binary and it is true now anyoption, one of the greats in the business with these new financial instruments.As announced recently, the Authority imposed in mid-January, a penalty of 235,000 Euro against the broker or the underlying operating company Ouroboros Derivatives Trading Limited.

Several different violations as the reason for the punishment.
This decision was justified by damage from multiple rules CySEC. Therefore, the total fine of 235,000 euros is made up of several installments. 70,000 Euro beat because exceeded the scope of the license in the investment consulting to book.

Because the manager is his supervisory duties not sufficiently complied with it set at 10,000 euros penalty. Also 10,000 euros cost the insufficient documentation of internal and external communications, and the insufficient effectively and transparently operated treatment of customer complaints.

Insufficient risk evaluation for new customers of the broker

Due to the outsourcing of business areas which made it difficult to control for the CySEC, it imposed a further 20,000 euro fine. Unfavorable Online Scam Bonus Rules were fined 40,000 euros, as well as the non-exhaustive survey of clients about their investment experience.

The sanction for inaccurate marketing material includes a payment of 30,000 euros. In addition, the authority lacked comprehensive information about the potential risks involved in trading binary options with them. The penance for was 15,000 euros.

Anyoption promises to remedy the deficiencies

At anyoption one was cooperative and agreed with the CySEC on a whole series of measures to remedy or prevent subsequently said grievances. In future, the authorized call centers are all moved to Cyprus and better controlled their activities.

Likewise, the processes for handling complaints should be improved and the bonus conditions are changed in favor of the customer.In addition to a more rigid control of compliance with its rules, the CySEC this year seems to be striving Broker sitting only pro forma in Cyprus to obtain a local license and operate their businesses actually abroad to bring back to the island also strong.

Part of the chart inked in green

Indeed, if a part of the chart inked in green, then you will find yourself fully on winning course and would at a period-end at the present time can collect its return. A red area shows the other hand to a position lying out of the money.If you now wish parallel to the existing Trade open a new, so it is enough to a base value in the selection menu to click. A return to a current Trade succeed with another click on the corresponding underlying in the overview of all open positions.

TechFinancials stands out in this respect, by the striking visual implementation of the Trade profiles, clearly from its competitors.With one click in the upper right corner of the base charts to himself namely a pop-up opens with a full chart analysis program. It can be both price patterns draw, as calculated and insightful technical indicators for each underlying.

Leave a Reply

Your email address will not be published. Required fields are marked *