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British Columbia Securities Commission (BCSC), one of Canada’s thirteen provincial financial regulators, has added binary options broker BigOption to its Investor Caution List.
BigOption, which claims to be based in London and operates under the website of www.bigoption.com, offers binary options trading services on a variety of assets including social and mobile trading.
The BCSC became aware that a British Columbia (BC) resident was solicited by a representative of BigOption, and was able to open a trading account with the broker. The regulator flagged BigOption as it is not registered to trade in, or advise on, securities or exchange contracts in ... (read more)