BCSC Warns Investors about Central Option

British Columbia Securities Commission (BCSC), one of the thirteen Canadian provincial financial regulators, has issued a warning to investors about binary options broker Central Option.

The warning was issued to Central Provider Limited, operating as Central Option, making it the latest broker to be added to the watchdog’s warning list which includes the names of unregistered brokers soliciting their services to British Columbia investors.

Central Provider Ltd., which claims to have offices in London, England, Hong Kong, China, and Toronto, Canada, operates Central Option and purports to be a binary options Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term provider.

Central Option was blacklisted after the BCSC learned that the company was soliciting BC residents to open a binary options account with them.

The BCSC is the independent provincial government agency responsible for regulating capital markets in British Columbia. Its warning list contains individuals and companies that appear to be engaging in activities that may pose a risk to investors. The BSCS confirms that Central Option is not registered to trade in, or advise on, securities or Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term contracts in BC and urges investors to exercise caution when dealing with this firm.