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iOption license canned by Cypriot regulator CySEC

iOption license canned by Cypriot regulator CySEC

The demise of a once popular binary options broker, namely iOption has been formalized recently via three separate announcements which were issued in the past few days by the Cypriot regulator, the Cyprus Securities and Exchange Commission. Having reported repeatedly in the past on what we called the iOption saga, let us see how these announcements by the ...

Ioption: end of an era

Ioption: end of an era

When writing on the bankruptcy of ioption earlier in the year, in mid-November, we promised to keep an eye on the story and keep you up to date with any developments. For those who might have missed this one, a quick reminder that Ioption filed for bankruptcy just days after it became a regulated broker through CySEC. Although the company had been facing ...

More revealing information on the ongoing iOption saga

More revealing information on the ongoing iOption saga

The news that iOption is indeed going out of business is beginning to sink in. What is very worrying about this development is that this particular broker was considered to be one of the most established in the market and the truth of the matter is that it has been around for a long time, long before the recent upsurge in the number of brokers. What is even ...

Alarm bell rings as iOption files for bankruptcy days after being regulated

Alarm bell rings as iOption files for bankruptcy days after being regulated

Although their website is still up and appears to be running, news reports, especially from Israel, seem to be converging on the truth of the fact that iOption, regarded until recently as a reliable binary options online brokerage firm, has actually shut down. What is perhaps most striking is that this development comes only a few days after iOption formally ...