SpotOption is proud to announce S.O.SpotOption’s new role as CySEC regulated Market Makers. S.O. SpotOption can now offer their clients their regulated umbrella which allows them to work lawfully and in compliance with CySEC of Europe.

SpotOption recognized the tremendous need for regulation of the Binary Options industry on a whole, as well as the need for regulated forex bodies to be connected to a regulated binary options market maker. As more and more binary options operations were being established, and more traders were demanding binary options, the need for regulation greatly increased to protect the mass amount of traders and operators dealing with the fastest growing trend in forex, binary options. As a result, CySEC deemed binary options as financial instruments falling under the scope of Law 144(I)2007 and recently announced that the industry is, in fact, regulated.
Thus S.O.SpotOption was created, and as the only regulated market maker, S.O.SpotOption is considered a Cyprus Investment Firm (CIF), which means that they may enter into collaboration with other companies (white labels) under their license.

“This is a major breakthrough in the industry,” says Pini Peter, founder of SpotOption. “We’ve worked long and hard to help get binary options the regulations it deserves, and we’re proud of S.O.SpotOption’s creation to be a market making investment firm. Our clients deserve to work lawfully, legitimately, and safely, and I saw it as our obligation to make that happen for them.”

S.O.SpotOption will give more details about the Binary Options regulation at the IFX Expo, in Cyprus this week.