Binary options broker EZTD said on Wednesday it has, through its subsidiary EZInvest Securities Co., been authorized to operate in Japan. EZInvest Securities Co. has obtained from Japan’s Financial Services Agency (FSA) a license as Financial Instrument Business Operator. The license allows the broker to provide in the country online retail brokerage services for trading of forex and contracts for difference (CFDs).
Acquiring a Japanese license is a step further towards the broker’s plans to expand its global presence. The Japanese forex market is among the most dynamic ones in the world. It is a leader in terms of traded volume and number of private traders.
“Obtaining a license in Japan, a country with a population of nearly 130 million, provides EZTD with an opportunity to expand into one of the largest markets worldwide for foreign exchange and CFDs,” said EZTD CEO Shimon Citron. “Investors registering on our site in Japan can be assured that their interests are protected by one of the strongest regulatory authorities in the world,” he added.
EZInvest Securities Co. is a member of the Financial Futures Association of Japan (FFAJ), the regulatory body that supervises the forex and binary options markets, and the Japan Securities Dealers Association (JSDA), which supervises the equity CFDs market.
EZTD is an online binary options broker and platform provider. It offers trading of more than 120 instruments, such as forex, stocksm indices, and commodities. It runs three binary option platform brands – www.eztrader.com, www.globaloption.com, and EZInvest.com. It has also developed EZTrader Mobile, a mobile trading application for Android and iOS devices.
EZTD operates in Europe through its subsidiary EZInvest.com, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) and in Asia through the newly-licensed EZInvest Securities Co., which covers the market in Japan.