This Rodeler Ltd review provides insight into the firm’s regulatory status, service offerings, and role in the European retail trading industry. Rodeler Ltd was a Cyprus Investment Firm (CIF) best known for operating the now-defunct binary options platforms 24option and GrandOption. It is no longer authorised to provide investment services.

Regulation and Safety

Rodeler Ltd was regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 207/13. However, its CIF license was withdrawn by CySEC in January 2021 following multiple regulatory breaches, including unfair client practices and inadequate risk disclosures. As such, Rodeler Ltd is no longer authorised to offer or promote financial services in the EU or abroad.

While it was active, Rodeler Ltd was subject to MiFID II regulations, provided segregated client accounts, and was a member of the Investor Compensation Fund (ICF). However, due to compliance failures, these protections are no longer valid.

Execution Model and Trading Platforms

During its operational period, Rodeler Ltd offered services primarily through a proprietary web-based platform tailored to binary options. It did not provide MetaTrader 4, MetaTrader 5, or cTrader. The platform focused on simplified fixed-return options rather than leveraged CFD trading. Execution was market maker-based, with no access to external liquidity providers or ECN routing.

Markets and Instruments

Previously, Rodeler Ltd offered binary options contracts on a variety of asset classes:

• Forex – Major and minor currency pairs
• Commodities – Gold, oil, silver
• Indices – Dow Jones, DAX, FTSE, S&P 500
• Stocks – Apple, Google, Facebook, Amazon

No margin trading or traditional CFDs were available. All instruments were offered via fixed expiry binary options with capped risk/reward profiles.

Accounts, Spreads and Leverage

Rodeler Ltd’s platforms used a tiered account structure based on deposit size. Key conditions included:

• Minimum deposit: $250
• Binary options payouts: 60–88%
• No spreads or leverage (fixed odds model)
• Bonuses were commonly used but subject to strict withdrawal conditions

There were no Islamic accounts or professional trading conditions. Standard trading limits and expiry durations applied.

Funding and Base Currencies

Funding methods offered included:

• Credit/debit cards
• Bank wire transfers
• eWallets – Skrill, Neteller (region-dependent)

Accounts were denominated in USD, EUR, and GBP. Withdrawals were subject to manual verification and often delayed, which became a regulatory issue contributing to CySEC’s license revocation.

Client Protections and Features

While regulated, Rodeler Ltd was bound by CySEC rules, including:

• Segregation of client funds
• Participation in the Investor Compensation Fund (ICF)
• Negative balance protection

However, its regulatory history revealed deficiencies in compliance, client transparency, and order execution. These contributed to its regulatory suspension.

Institutional and Retail Offering

Rodeler Ltd was focused solely on retail clients through mass-market binary options platforms. It did not offer:

• Institutional trading
• FIX API or liquidity services
• White-label brokerage

Affiliate and IB programs were used for client acquisition, but institutional solutions were never part of the company’s model.

Pros

• CySEC-regulated during its operational period
• Simple platform with beginner-friendly interface
• Wide range of binary instruments offered

Cons

• License withdrawn by CySEC in 2021
• No longer authorised to operate as a broker
• Past history of regulatory violations
• Binary options model banned in most EU jurisdictions

Frequently Asked Questions

Is Rodeler Ltd still operating?

No, Rodeler Ltd is no longer authorised to provide investment services. Its CySEC license was withdrawn in January 2021.

Was Rodeler Ltd regulated?

Yes, it was regulated by CySEC under license 207/13 until its license was revoked for non-compliance.

What trading services did Rodeler Ltd offer?

Rodeler Ltd offered binary options through brands like 24option. It did not offer CFDs, forex trading, or leveraged accounts.

Can clients still claim compensation?

Clients previously under CySEC may be eligible through the ICF, depending on claim timing and eligibility criteria.

Is Rodeler Ltd affiliated with any active broker today?

No, Rodeler Ltd does not operate any active trading platforms and has no regulatory status as of 2025.