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Ontario Securities Commission (OSC), one of the thirteen Canadian provincial regulators has issued a warning to traders about binary options broker CherryTrade.
The warning, issued against Flowingstream Capital Ltd, operating as Cherrytrade.com and Website Promotions Ltd, operating as CherryTrade, is the latest addition to the list of warnings made by the watchdog regarding companies that are offering unauthorized binary options trading in Canada. Binary options broker Bloombex Options was also recently added to the OSC’s warning list.
According to the OSC, Cherrytrade.com located in London, UK and Website Promotions Ltd, located in Anguilla, BWI are not registered in Ontario, Canada to engage ... (read more)