[UPDATE ] AMF encourages traders to withdraw money from PegaseCapital
French regulatory body for binary options, the AMF, is encouraging traders to withdraw money from PegaseCapital who was stripped of their CySEC license earlier in June 2016. Their license was suspended in February 2016, but it seems that this broker and company behind it have no intentions to give traders their money back.
Find out more about InteractiveOption scam.
PegaseCapital owns several domains:
- www.mtxplus.com and
Even though the AMF advises to contact the broker as soon as possible and request an immediate withdrawal, at the moment it is impossible to reach any of the above-listed websites.
In the paper, the AMF is also remembering traders that they should contact CySEC, as well:
“Under these circumstances, the AMF recommends that investors who have opened an account on one or more of these websites immediately send a registered letter to Pegase Capital Ltd and a copy of this letter to the CySEC asking that their account(s) be closed, that they be reimbursed any balances, and, depending on the situation, putting forward a complaint.”
Read full report about InteractiveOption scam.
According to the CySEC decision from May 26th, 2016 PegaseCapital and his brands are no longer allowed to operate under CySEC license. Also, the company is obliged to follow a certain procedure that includes:
- closing all trading positions opened by clients
- returning all money to the traders, including their trading profits
- examine and close all complaints
InteractiveOption loses CySEC license!
Binary broker InteractiveOption, that was blacklisted on FBO some time ago, has now officially renounced their license.
Their license under the number 225/14 is no longer valid. This step is somewhat expected, as InteraciveOption has been suspended by CySEC from February 2016. InteractiveOption failed to operate according to CySEC’s rules and did not meet all the necessary requirements in order to keep the license. First, CySEC suspended them from providing any service and meanwhile other regulatory bodies also issued warnings regarding InteractiveOption.
Before the suspension in February, CySEC also fined InteractiveOption with €300,000 for failing to comply with several rules, and especially laws regarding regulation and money laundering.
At the moment, the information about InteractiveOption being regulated by CySEC is still visible on the website, as well as the note about the suspension. Luckily for traders, according to the CySEC announcement, renouncing the license does not mean that the broker can operate without supervision:
“The Company is obliged to settle within a period of three (3) months, pursuant to section 24(3) of the Law, its obligations arising from the investment services that lapsed. It is noted that, in accordance with section 25(4) of the Law, the Company remains under the supervision of the CySEC until it settles its obligations arising from the investment services that lapsed.”
Read the full InteractiveOption scam announcement.
It is not recommended to trade with this broker, so make sure to select a Top broker instead. Banc De Binary is CySEC regulated broker with amazing opportunities!