Cftc binary options regulation warning

Cftc binary options regulation warning

Author: ewsen Date of post: 11.06.2017

As part of the U. These 71 new additions bring the total number of foreign entities on the RED List to over We would note that some of the companies listed see full list below are no longer operating.

Quite a number of binary options brokers have shut down lately, under pressure from both regulators around the world as well as much-smarter and better informed retail traders, much warier of unregulated offshore brokers.

The RED List contains the names of unregistered foreign entities that the CFTC has reason to believe are soliciting and accepting funds from U. The RED List can be found at: Registration is no guarantee against fraud or mismanagement by an otherwise unscrupulous firm; however, registration does bring a higher level of security and accountability to the public.

For example, registration enables the CFTC to examine whether firms meet minimum financial standards as well as disclosure, reporting, and record-keeping requirements under the Commodity Exchange Act. The RED List also complements registration information available to the public on the National Futures Association website. The CFTC publicizes the existence of the RED List to other government regulators, the media, consumer groups, industry participants, self-regulatory organizations, exchanges, and industry associations.

The 71 foreign entities added to the RED List are: Oracle Stone Allgo Trading Forex Ukraine Planet Option Anthony, John FX Moneyworld Price Markets Brokerage AOS Holding FXGM Profitable Forex Advisors ASK Options FXT Swiss Rbinary AXI Trader FXUmarkets Safe Options Azbinary GFM Trader Starling Capital Barkley Capital Glenridge Capital GMR Stichting WST Capital Bartle Investment Group Forex Goptions. The Alert warns customers that the perpetrators of these unlawful schemes typically refuse to credit customer accounts, deny fund reimbursement, commit identity theft, and manipulate software to generate losing trades.

Leadtrade, TTCM, ProOptions and Dragon Options licenses suspended TechFinancials issues 3. Join now to receive first access to our EXCLUSIVE reports and updates. Screenshot of a breaking news alert e-mail from Q2 Please check your email to confirm your subscription. We hate SPAM and promise to keep your email address safe.

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cftc binary options regulation warning

Home Binary Options Regulation CFTC adds 71 brokers to RED List illegally offering Forex and Binary Options trading. Binary Options brokers leaving Cyprus: Leadtrade, TTCM, ProOptions and Dragon Options licenses suspended.

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