SpotOption partners with ASIC Regulated Binary Brand
SpotOption – headquartered in Cyprus – has entered into a partnership with the youtradeFX Group in facilitating the launch of the latter’s new Australian binary options brand.
All online traffic to the Australian offshoot of the group (www.ytfx.com.au) is now directed to a new binary options brand called Woojoo Trader. According to the website of the firm, the new brokerage is regulated by the Australian Securities & Investments Commission (ASIC) and powered by the platform of leading binary developer, SpotOption.
Website Forex Magnates has suggested that youtradeFX is in the process of consolidating efforts to acquire a Cypriot license.
Source: goldnews
