Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker RBinary, operating from website rbinary.com.
According to the BCSC, RBinary claims to be based in the Republic of the Marshall Islands and provides an online binary options trading platform.
RBinary is not registered to trade in, or advise on, securities or exchange contracts in BC.
BCSC urged BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
The BCSC warning against RBinary can be seen here.