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6 Prior to this announcement it had been possible for firms to operate from the jurisdiction provided the firm had a valid Lottery and Gaming Authority licence. Dont do business with TipTop Options.
In order to protect invested funds, when selecting a company for a long-term partnership a professional trader should consider not only a company's specific trading conditions but also, most importantly, the existence of documents confirming that the company's operations comply with the relevant countries' legal requirements and that the company complies with internationally recognized financial standards.
IQ Option has obtained the necessary licenses to operate in the financial services industry.
CySEC monitors the activities of companies rendering financial services to ensure their compliance with the laws and regulations of the Republic of Cyprus and the European Union.
IQ Option has License No. 247/14, issued by the Cyprus Security Commission, an independent public oversight agency responsible for regulating the investment services market in Cyprus.
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IQ Option participates in the Investor Compensation Fund (ICF, Cyprus)
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The clearing is done inside our system and we get our commission out of the trading volume.
In cases where there are differences between the buyers and the sellers we pass this risk to the market maker which covers the risk.