CySec, the Cyprus Securities and Exchange Commission, has revoked P.M. Investment Capital’s license to operate within binary options. This means that such brokers as Cedar Finance, Regal Options or Brokerage Capital have lost their licenses.
Since they are no longer licensed, using their services is extremely risky. Losing a license is a result of breaking the law and not complying with the CySEC’s rules. As always, we caution all the users to research the brokers before signing up and we recommend changing brokers if you happen to be using the services of cedarfinance.com, regaloptions.com or brokeragecapital.com.