Interactive Option is an online broker that is definitely no longer to be presented. This operator specialized in binary options has won the trust of investors, many of whom register and trade via its dedicated platform
Today, the tide seems to have turned for the broker. The latter would have renounced its approval issued by CySEC. In view of this situation, all registered members are invited by the AMF to contact the brand owner, Pegase Capital Ltd.
The world of binary options is attracting many traders who want to successfully speculate on the stock market. This is now possible for all interested parties, through specialized online brokers. Operators have noted this enthusiasm and many players are now offering their services to investors who want to get started. And among the brokers in service, it is difficult to distinguish between good and bad.
Fortunately, there are regulations and rules in place to sort them out. When an operator is “regulated”, it is considered reliable… but if it does not comply with the rules, the supervisory authorities can sanction a broker and cancel its licence.
Among the operators that could be described as “trustworthy” were Interactive Option. This broker had all the characteristics of a good interlocutor. However, the latest events call for vigilance on the part of registered traders. The AMF also invites them to contact the brand owner, Pegase Capital Ltd.
Pegase Capital Ltd*
Ioanni Stylianou 6
2003 Nicosia, Cyprus
*Last known address of the services of the FSMA and the AMF.
The Interactive Option case
Cypriot regulator CySEC has made an announcement that is not likely to go unnoticed: Pegase Capital Ltd no longer has an approval. However, this company has many platforms dedicated to investment.
CySEC has nevertheless indicated that Pegase Capital Ltd is obliged to respect its commitments. In particular, the company must close all of its clients’ positions. It is also required to ensure the reimbursement of the latter’s money. Most importantly, Pegase Capital Ltd must resolve any claims received.
Throughout this procedure, CySEC will keep an eye on the situation. When the licence was suspended, the broker complied with the obligations provided by the AMF and CySEC to inform its clients. We particularly appreciated this transparency, where many dubious brokers simply disappear from the wild.
In any case, the AMF strongly advises clients who have an account with one of Pegase Capital Ltd’s platforms to contact this company without delay by registered letter with acknowledgement of receipt. The purpose of this letter: to request an account closure, the refund of outstanding positions when the platform is closed and the refund of their balances if necessary.
In addition to the letter sent to Pegase Capital Ltd, the AMF recommends that a copy also be sent to CySEC:
Cyprus Securities and Exchange Commission (CySEC)
27 Diagorou Str.
1097 Nicosia, Cyprus
P.O BOX 24996
1306 Nicosia, Cyprus