Finance Yards was a licensed binary options broker that opened in September 2016.
They are powered by Spot Capital Markets which operates from Cyprus.
Finance Yards Review
When reviewing Finance Yards website you will quickly notice that they are using the popular trading platform made by SpotOption. Investors can choose between long term options, high speed 60 second and 5 minute options, pairs, one touch binaries, ladder options and the original high low binary options.
You can see from their professionalism, that a lot of thought went into the development of their company. They have a very big education section for people that want to learn how to trade binary options themselves and not rely on an auto trader. The payout and returns on the various options types are standard, ranging from 60% to 91% depending on the option type, asset and expiry time.
As a new broker, we could not find their mobile apps for Android in Google Play, as they are probably still under development.
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License for Finance Yards
When investors compare and research new binary options brokers, they would be surprised to know that there are over 300 online brokers to choose from. A smart investor always look for a valid license first, from a legitimate financial regulator like the ASIC in Australia, CySEC in Cyprus or the FSB in South Africa.
Since Finance Yards is owned by Spot Capital Markets, they are licensed and regulated in Cyprus by CySEC with license number 210/13.
When comparing them to other brokers, look at the Licensed Brokers here.
Finance Yards is owned by Spot Capital Markets Limited, Kanika Business Center, 319 28th October Street, 2nd Floor, Limassol, 3105, Cyprus.