PINE OPTIONS-Some important Details about This Broker

General Information

PINE OPTIONS claims to be a trading platform that provides financial derivatives trading services. According to the official website, the company behind this platform is Cedar Finance, which is located in Cyprus. We checked the CySEC and did not find any corresponding regulated information using the company's name, so obviously this platform is not regulated. Please stay away!

Market Instruments

PINE OPTIONS claims to offer numerous major instruments, including 34 international stocks, 15 currency pairs, 7 commodities, and 27 indices.

Contact Information

PINE OPTIONS can be reached through the telephone: 3522715621, as well as the email: support@pineoptions.com. Address: 91 Prodromou Street, Nicosia 2063, Cyprus.

Risk Warning

According to LeapRate, Cedar Finance, a formerly regulated binary options broker, has terminated its operations and its operating website www.cedarfinance.com has also been shut down. At the same time, Cedar Finance's two affiliated binary options brands Regal Options and Brokerage Capital have also been taken offline. All three binary options brokers, Cedar, Regal and Brokerage Capital, are under the same brand name of TBSF Best Strategy Finance Ltd. Cedar Finance was among the first binary options brokers to be regulated when it received its Cyprus Investment Firm (CIF) license from the Cyprus Securities and Exchange Commission (CySEC) in September 2013. However, this license did not last long, as CySEC revoked it in December 2013 and permanently revoked its regulatory license in June 2014. Please be aware of the risk!