Tag: binary options scam

warning
March 14, 2019 BY Valentina Kirilova

Canadian regulator BCSC warns against binary options provider Major Options Investment

Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning against a suspicious entity named Major Options Investment (MOI). Major Options Investment is operating via the website https://www.majoroptionsinvestment.com and claims to be an online binary options trading platform provider. MOI, however, is not registered to trade in, or advise on, securities or exchange…

Read more
bscs warning
February 21, 2019 BY Valentina Kirilova

Canadian regulator BCSC warns against binary options broker peakoptions24

Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning today against a suspicious entity named peakoptions24. Peakoptions24 is operating via the website https://www.peakoptions24.com and claims to be “one of the leading binary options brokers in the industry, with a high payout of 81% in binary options contracts”. Peakoptions24 also claims to have…

Read more
binary options scam
September 27, 2018 BY LeapRate Staff

Charges and $4M in fines leveled against rags-to-riches Binary Options con men

The U.S. Securities and Exchange Commission (SEC) has announced that it has charged a group of internet marketers who allegedly created and disseminated elaborate rags-to-riches videos to trick retirees and other retail investors into opening brokerage accounts and trading high-risk securities known as binary options. According to the SEC’s complaints, investors were conned out of tens…

Read more
warning
July 25, 2018 BY Valentina Kirilova

Canadian regulator BCSC warns against iqtrade24 operated by B.O. Tradefinancials Ltd.

Canadian securities regulator the British Columbia Securities Commission (BCSC) has just announced that it has become aware of a suspicious entity, B.O. Tradefinancials Ltd. (the Company), which claims to operate iqtrade24, an online binary options trading platform provider. The regulator has recently become aware of iqtrade24 and that it made an unsolicited offer to a…

Read more
UN report says North Korea laundered $2 billion theft via Hong Kong firm
March 17, 2017 BY Valentina Kirilova

IRS imposters trying to scam money from Binary Options traders: FINRA

The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning anyone involved in binary options trading through unregistered non-U.S. companies to be on guard for a one-two punch: losses followed up by potentially fraudulent pitches to help recoup those losses. Ploys include recovery scams and IRS impersonation scams. Binary options are inherently risky…

Read more
July 12, 2016 BY LeapRate Staff

FCA warns against unlicensed binary options broker Limited Binary

UK financial regulator the Financial Conduct Authority (FCA) has issued a warning regarding unlicensed binary options broker Limited Binary. The FCA believes that Limited Binary has been providing financial services or products in the UK without its authorisation. The FCA warns investors to be especially wary of dealing with this unauthorised firm and to learn how…

Read more
May 16, 2016 BY LeapRate Staff

Top Ten Binary Brokers receives ASIC warning for promoting unlicensed services

Australia financial regulator ASIC has issued a warning against binary options broker comparison website Top Ten Binary Brokers, operating at toptenbinarybrokers.com. The company also operates Australia-focused sites at toptenbinarybrokers.com/au and toptenbinarybrokers.com/au2. ASIC is warning the public not to use the Top Ten Binary Brokers website to sign up for any of the binary option services advertised. Top Ten…

Read more
April 24, 2016 BY LeapRate Staff

Forex Industry Week Review - France-Israel binary options scam, Saxo Bank and Plus500 results, Binary broker cold calls a regulator, and lots more

Forex industry news at LeapRate was headlined by (mis)conduct in the binary options sector this week. We reported on a covert joint operation by French and Israeli authorities to uncover a €105 million defrauding of French retail traders by Israel based binary options brokers. We also reported on another Israeli binary options broker, Central Option,…

Read more