Best Choice Limited License Suspended!
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Thread: Best Choice Limited License Suspended!

  1. #1
    Does anyone have mor information regarding Best Choice Limited's suspension?

    ! Important Announcement ! Our license has been suspended. Decision


    I assessed that the announcement from CySec, and the related law says, that the suspension has to do with client money not being protected / potential usage of client money to conduct the firm ...

    If anyone has more information, please let me know

    Thank you

  2. #2
    The https://smnweekly.com/2016/08/09/cys...-forex-broker/ is The above decision was reached as the aforementioned alleged violations may possibly endanger the Company's customers' interests and generally the smooth operation of the funding market.
    They are likely being purposefully this obscure to guard the standing of the broker, becauset the suspension isn't permanent yet. Apparently the ruler has given them a month.

  3. #3
    Quote Originally Posted by ;
    The https://smnweekly.com/2016/08/09/cys...-forex-broker/ is The preceding decision was reached since the aforementioned alleged offenses may possibly endanger the Companys clients pursuits and generally the smooth operation of the capital market. They being purposefully this obscure to guard the standing of the broker, becauset the suspension is not permanent yet. Apparently the regulator has given them a month.
    You're right. But the law they refer to in their announcement can be looked up by you and you've got additional information.

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