Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding binary options brokerage firm TitanTrade, operating from website titantrade.com.
As we’ve reported, TitanTrade has had other warnings issued against it by regulators in Canada and Australia.
On its website, TitanTrade shows as its address 35 Barrack Road, Belize City, Belize.
According to the IFSC, TitanTrade is falsely claiming to be at that address. The representation made on the company’s website to that effect is inaccurate and misleading.
The IFSC confirmed that TitanTrade is not registered as a company nor licensed by the International Financial Services Commission of Belize or any other competent authority in Belize to engage in any type of trading business.
All persons concerned are warned to take note and exercise extreme caution.
The IFSC warning against TitanTrade can be seen here.