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.

MSC (Manitoba Securities Comission) Warns Against Binary Options Brokers

Canadian regulator “MSC” warns against multiple binary options brokers involving illegal activities and strongly cautions the public to “reconsider investing with so-called ‘binary options’ trading firms” see the full reports on “Manitoba Securities Comission” website in this link.

The Manitoba Securities Commission issues investor alerts to warn the public about activities that are illegal or pose a risk to the general public.

Manitoba friends lose big money to foreign fraudsters
Posted: July 4, 2016

Winnipeg – The Manitoba Securities Commission (MSC) is strongly cautioning the public to reconsider investing with so-called ‘binary options’ trading firms. Three Manitobans have made complaints to MSC after losing a combined $144,446 through PluStocks, an online binary options trading company not registered to conduct business in Canada.

Foreign firm takes Manitoba woman for $10,000
Posted: June 2, 2016

Winnipeg – The Manitoba Securities Commission (MSC) is reminding the public to think twice before investing with so-called ‘binary options’ firms. MSC recently received a complaint from a 61-year-old Manitoba woman regarding Magnum Options, a company not registered to sell securities in Manitoba, or anywhere else in Canada.

Securities investigator randomly contacted by illegal investment firm
Posted: April 20, 2016

Winnipeg – Manitoba resident Jason Roy couldn’t believe the coincidence when he received a random automated call at his home at 6 p.m. on April 11 from Central Option, a ‘Binary Options’ trading firm offering an ‘amazing investment opportunity.’ Roy, senior investigator with Manitoba Securities Commission (MSC), began a conversation with a self-described expert on Binary Options trading. Roy then began gathering evidence while pretending to be a potential high-value investor.