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Canadian provincial regulator, the Manitoba Securities Commission (MSC), has issued an alert, warning the public on investing with unregistered binary options broker, FMTrader, operating online as www.fmtrader.com. FMTrader claims to be located in Cyprus and Belize and is not registered to sell securities in Manitoba, or anywhere else in Canada, and therefore fails to comply with provincial securities laws.
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The latest warning concerns a Manitoba resident who had invested $28,000 in binary options trades after finding FMTrader ... (read more)