The binary options
broker OptionClub
, having received a license in Cyprus, began to insist on being able to provide trading services in the Netherlands, but the broker did not reveal a particular desire to obtain additional permits or licenses.
From a legal point of view, this issue is not so smooth, because on the one hand, the Netherlands is seriously considering the possibility of banning advertising binary options, so the issue is in any case quite sensitive. On the other hand, if the broker’s activities are allowed, then many brokers will take advantage of the precedent created in order to circumvent the ban in other European countries, such as, for example, France, where the issue of banning advertising of binary options is also submitted for consideration. So far, the Netherlands has issued a license OptionClub
, and also recognized the license of Cyprus, so as not to create conflict situations.