WARNING: Do Not Open an Account With Cedar Finance.
They Are Out of Business!
Cedar Finance has been a binary options broker since October 2011. The owner of Cedar Finance is P.M. Investment Capital Ltd. Their official address is Ioanni Stylianou 6, 2nd floor, Flat/Office 202, 2003, Nicosia, Cyprus.
Their phone numbers are United States: (347) 486-4045. United Kingdom: +44 560-370-4113. Australia: +61 283-104-596.
Cedar Finance is very popular in the United States, Germany and the United Kingdom with auto robot trading software users. The popular trading signal software Ultra Binary Trader integrates directly with Cedar’s trading platform.
Read more about trading signal software here.
Cedar Finance recently added a new account type called; Starter Account. Now traders will only need to deposit $200 and will receive a 30% Welcome Bonus.
Cedar Finance uses the Tradologic trading platform which offers traders, digital options, range options, and touch options. They also have turbo options with time frames of 15, 30, 45, 60, 2 min & 5 min.
In November 2014, Cedar Finance localized their website traders who speak Arabic! They offer Muslim traders Islamic trading accounts that are consistent with Shariah laws.
American traders are able to open an account with Cedar Finance. American traders depending on the broker will sometimes be limited in the products they can trade binary options on. Sometimes, they can only trade binary options on stocks and not on indexes or Forex.
When the scam broker investigator looks at a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and if they fall under the MIFId rules in Europe?
On June 6th 2013 the SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.
There are many brokers to choose from, see the Top Rated Brokers here.