We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as STR Capital.

Hong Kong SFC (Securities & Futures Commission) Adds “Eclipse Finance” to Unlicensed Entities “Alert List”

You can find the whole unlicensed entities alert list on the SFC website here.

Name: (New)Eclipse Finance
Type:Unlicensed entities
Address(es):1. 3rd Floor, 49 Farringdon Road, London, United Kingdom
2. The Financial Services Center, Stoney Ground, Kingstown St. Vincent and the Grenadines
3. 20-22 Wenlock Road, London, N1 7GU, UK
Remarks:The company uses a bank account in Hong Kong for settlement. It is apparently associated with Top Binary Signals, another unlicensed entity on the Alert List.
Add date:30 Sep 2016
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.