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Ontario Securities Commission Warns against Binary Investments Global Limited

Tuesday, 03/02/2015 | 12:02 GMT by Avi Mizrahi
  • Out of the three domains operated by the firm, binarypays seems to be down already, but the site of optionmint still lists a Canadian phone number that might have drawn the ire of the local regulator.
Ontario Securities Commission Warns against Binary Investments Global Limited
OSC

The Ontario Securities Commission (OSC), a financial regulator in the Canadian province, has issued a warning against Binary Investments Global Limited.

The unlicensed (London) UK-based firm is offering retail binary options trading with the use of three brands, under the website domains of: optionmint.com, optionqueen.com and binarypays.com.

The OSC is informing local residents that Binary Investments Global Limited is not registered in Ontario, Canada, and therefore is not allowed to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities according to the local law.

The domain of binarypays seems to be down already, but the site of optionmint still lists a Canadian phone number that might have drawn the ire of the local regulator.

The OSC routinely issues warnings about binary brands targeting Canadians without license to so.

OSC

The Ontario Securities Commission (OSC), a financial regulator in the Canadian province, has issued a warning against Binary Investments Global Limited.

The unlicensed (London) UK-based firm is offering retail binary options trading with the use of three brands, under the website domains of: optionmint.com, optionqueen.com and binarypays.com.

The OSC is informing local residents that Binary Investments Global Limited is not registered in Ontario, Canada, and therefore is not allowed to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities according to the local law.

The domain of binarypays seems to be down already, but the site of optionmint still lists a Canadian phone number that might have drawn the ire of the local regulator.

The OSC routinely issues warnings about binary brands targeting Canadians without license to so.

About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
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    The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar

    The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. šŸ“£ Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: šŸ”— LinkedIn: https://www.linkedin.com/company/financemagnates/ šŸ‘ Facebook: https://www.facebook.com/financemagnates/ šŸ“ø Instagram: https://www.instagram.com/financemagnates_official šŸ¦ X (Twitter): https://twitter.com/financemagnates/ šŸ“” RSS Feed: https://www.financemagnates.com/feed/ ā–¶ļø Telegram: https://t.me/financemagnatesnews Don't miss out on our latest videos, interviews, and event coverage. šŸ”” Subscribe to our YouTube channel for more!šŸ””

    The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. šŸ“£ Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: šŸ”— LinkedIn: https://www.linkedin.com/company/financemagnates/ šŸ‘ Facebook: https://www.facebook.com/financemagnates/ šŸ“ø Instagram: https://www.instagram.com/financemagnates_official šŸ¦ X (Twitter): https://twitter.com/financemagnates/ šŸ“” RSS Feed: https://www.financemagnates.com/feed/ ā–¶ļø Telegram: https://t.me/financemagnatesnews Don't miss out on our latest videos, interviews, and event coverage. šŸ”” Subscribe to our YouTube channel for more!šŸ””

    The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. šŸ“£ Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: šŸ”— LinkedIn: https://www.linkedin.com/company/financemagnates/ šŸ‘ Facebook: https://www.facebook.com/financemagnates/ šŸ“ø Instagram: https://www.instagram.com/financemagnates_official šŸ¦ X (Twitter): https://twitter.com/financemagnates/ šŸ“” RSS Feed: https://www.financemagnates.com/feed/ ā–¶ļø Telegram: https://t.me/financemagnatesnews Don't miss out on our latest videos, interviews, and event coverage. šŸ”” Subscribe to our YouTube channel for more!šŸ””

    The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. šŸ“£ Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: šŸ”— LinkedIn: https://www.linkedin.com/company/financemagnates/ šŸ‘ Facebook: https://www.facebook.com/financemagnates/ šŸ“ø Instagram: https://www.instagram.com/financemagnates_official šŸ¦ X (Twitter): https://twitter.com/financemagnates/ šŸ“” RSS Feed: https://www.financemagnates.com/feed/ ā–¶ļø Telegram: https://t.me/financemagnatesnews Don't miss out on our latest videos, interviews, and event coverage. šŸ”” Subscribe to our YouTube channel for more!šŸ””

    The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. šŸ“£ Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: šŸ”— LinkedIn: https://www.linkedin.com/company/financemagnates/ šŸ‘ Facebook: https://www.facebook.com/financemagnates/ šŸ“ø Instagram: https://www.instagram.com/financemagnates_official šŸ¦ X (Twitter): https://twitter.com/financemagnates/ šŸ“” RSS Feed: https://www.financemagnates.com/feed/ ā–¶ļø Telegram: https://t.me/financemagnatesnews Don't miss out on our latest videos, interviews, and event coverage. šŸ”” Subscribe to our YouTube channel for more!šŸ””

    The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams. šŸ“£ Stay updated with the latest in finance and trading! Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today: šŸ”— LinkedIn: https://www.linkedin.com/company/financemagnates/ šŸ‘ Facebook: https://www.facebook.com/financemagnates/ šŸ“ø Instagram: https://www.instagram.com/financemagnates_official šŸ¦ X (Twitter): https://twitter.com/financemagnates/ šŸ“” RSS Feed: https://www.financemagnates.com/feed/ ā–¶ļø Telegram: https://t.me/financemagnatesnews Don't miss out on our latest videos, interviews, and event coverage. šŸ”” Subscribe to our YouTube channel for more!šŸ””
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