Regal Options launched in December of 2012. They are owned by T.B.S.F. Best Strategy Finance Ltd. Their official address is 26 Chytron Street, Suite 21, Nicosia, Cyprus 1075. Their phone number is United States: +1 (646) 233-2839. Their email address is firstname.lastname@example.org.
American traders are able to open an account with Regal Options.
A review of Regal Options shows that they use the Tradologic platform. The Tradologic platform offers the typical currencies, stocks and indices and in addition, they also offer Bitcoin options, Litecoin options and options on commodities like Coffee, see here.
Minimum deposit for new accounts in $250.
Regal also offers a flexible return on investments. For example a trader can choose a return of 60% with a protection of 10% in the event of a loss. The return on the option is changeable via a drop down menu, see here.
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. In June 2013 the United States SEC & CFTC wrote a warning letter about binary option brokers, Read full letter on SEC’s website here.
TBSF was licensed by CySEC in Cyprus from November – December 2013. CySEC officially withdrew the license for Regal Options in June 2014. CySEC does not allow regulated brokers to accept traders from America. Regal Options accepts traders from the United States.