Canada Regulator Warns Against Binary Options Broker Magnum Options

[kreslik.news]

The Nova Scotia Securities Commission (NSSC) has issued a statement cautioning investors about Magnum Options, which has been offering binary options via an online trading platform to residents of Nova Scotia.

Magnum Options, which operates via the url: www.magnumoptions.eu and is owned and operated by Hampshire Capital Ventures Ltd., UK lists a further Bulgarian-based business address on its website. The brokerage is also known to have used the url: www.magnumoptions.com but neither of these entities are registered to sell securities in Nova Scotia.

Illegal Advertising

At least one Nova Scotian has reported seeing an advertisement from Magnum Options on Facebook, created an account ... (read more)