CYSEC is a joke the only ones they help are themselves...

CYSEC is not a real regulatory body imo and MFID along with other more trader friendly bodies will be required in the future for binary options.. CYSEC is a joke and the only people these sheep ___ers help are themselves example below note how they are looking to require the firms call centers to move to Cyprus LoL... This is so they can protect their $ stream not to prevent scams or how they operate but more so they can make sure they get $ PAID $

http://www.financemagnates.com/binary-options/regulation-2/head-cysec-considering-require-perform-call-centers-activities-cyprus