Regulatory Warnings For Forex And Binary Brokers

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The forex and binary options industries have come under intense regulatory scrutiny in recent months amid a surge scam broker investigator binaryuno reviews customer complaints. Regulatory crackdown on retail forex and binary brokers has revealed that a large number of firms engaged in the trades operate without proper registration or regulations in the markets they cover. Regulators are warning investors to avoid brokers operating without verifiable authorization as the pose investment risk.

In Belgium, the financial industry regulator there recently issued a blanket ban on all forms of retail trade in leveraged derivatives such as CFDs and forex. Crackdown on unscrupulous financial services providers continues in more jurisdictions. The warning against Binary Uno comes after investigations by BCSC revealed that the broker was engaging in unlawful soliciting scam broker investigator binaryuno reviews in British Columbia.

The investigations further revealed that Binary Uno is not registered to offer trade in, or advice on securities contracts in BC. However, Binary Uno claims on its website that it offers online trading platform for CFD, FX and commodities trading to investors globally.

Investigations by BCSC also revealed that Binary Uno is no regulated by any other scam broker investigator binaryuno reviews and that has added to the questions over its authenticity.

Based on the investigations, BCSC has concluded that dealing with Binary Uno poses risks to investors and they should avoid the broker. BCSC also warned against dealing with Edgedale Finance after it discovered that the broker was unlawfully soliciting its financial services to the residents of BC. Most of those brokers are accused of making it difficult for clients to withdraw their funds.

In France, the financial markets regulator, AMF, recently updated its list of unauthorised online binary brokers that have been found to be preying on French people. The brokers that have been added to the scam broker investigator binaryuno reviews include connecting-trade.

The binary brokers blacklisted in France face accusations ranging from not honouring client request to withdraw funds to executions that are not consistent with what customers expected.

Part of the reason for blacklisting of Traderxp is that it is not authorised by FCA as required of all firms and individuals engaged in the business of selling or promoting financial products in the U. As such, investors have been warned against dealing with the broker. Besides Traderxp, the other binary brokers blacklisted by FCA include 01broker. In forex trading, FCA has blacklisted brokers such as 4xp. Stay up to date with the financial markets everywhere you scam broker investigator binaryuno reviews.

Canada updates its list of blacklisted brokers The British Columbia Securities Commission BCSCa provincial financial regulator in Canada, has raised the alarm over the operations of binary options broker Binary Uno. Broker crackdown in Scam broker investigator binaryuno reviews In France, the financial markets regulator, AMF, recently updated its list of unauthorised online binary brokers that have been found to be preying on French people.

Brokers blacklisted in the U. Comments 0 comment s Click here to cancel reply. Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go.

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So, is Binary Uno a legit broker? Is your money safe with Binary Uno? Is the binary broker, Binary Uno, honest and truthful in dealing with its users? We have reasons to believe that the so-called binary broker, Binary Uno, is not what it says it is. This is as a result of a comprehensive investigation that was carried out by our team of investigators to determine the authenticity of Binary Uno.

Read on to find out more about the investigation into the scamming activities of Binary Uno, or pass over this review and head straight to the highly recommended brokers to use for your binary trading activities. Binary Uno is not regulated but claims to be a reputable binary broker. How reliable or trustworthy is Binary Uno as a binary options trader? Should you invest your hard-earned money with them? Our advice is for you to tread cautiously.

We recommend dealing with a more dependable or reliable broker that offers quality trading as well as high values. You can go through our list of highly respectable binary options brokers who have been tried, tested and trusted. According to Binary Uno, they claim to offer an innovative trading platform along with extraordinary tools and complementary features that will be of great help to any trader online. When you sign up with Binary Uno, you can access a demo account for you to try your hand.

However, that demo accounts can be rigged to always give positive outcomes when trading activities are carried out therein. Such cases are not uncommon among brokers, so be careful when conducting trades with real money for the first time. The platform looks intimidating to newbies or first-time users. This is our assessment when we gained access to the interface of the platform.

By examining the numerous customer reviews we came across online, we discovered that some transactions were not ethical or straightforward. Lots of users complained of technical glitches. Another common complaint was about the extremely high account levels. Other complaints included several occurrences of additional charges made on credit cards as well as automatic acceptances of bonuses without the consent of the clients.

Moreover, new traders that sign up on the platform are automatically awarded with bonuses, even without their consent. The scandalous information about the operations of Binary Uno has therefore caused us to conclude that it is not a reliable trading platform for any trader to use. Other information reaching us is that Binary Uno almost never values its customers and their trading support is inadequate as well.

In conclusion, we do not recommend this platform for anyone to use as there are better ones out there who hold their clients in high esteem and on which trading can be carried out with peace of mind.

Binary Uno, when compared to other more reputable binary brokers in the industry, appear to have a distinct questionable reputation.

Too many negative reviews about the authenticity of this trading platform are more than enough for you to be wary. Lastly, other binary brokers offer more variability, as against the limited range of assets available on the Binary Uno trading platform. In general, traders have not found it easy to navigate around the Binary Uno platform due to its complexities.

What is more, the trades carried out on the platform are tailored to short-term trading as against long-term. With all the reasons outlined above, it is our sincere belief that Binary Uno is not the best platform for anyone who wants to get a sizable return on investment and that challenges will no doubt continue to erupt for both new and experienced traders on the platform.

Your email address will not be published. Skip to content Is Binary Uno a Scam? Summary So, is Binary Uno a legit broker? Can You Trust Binary Uno? The Conclusion The scandalous information about the operations of Binary Uno has therefore caused us to conclude that it is not a reliable trading platform for any trader to use.

Not Regulated A growing number of negative comments Too high Account minimums. Leave a Reply Cancel reply Your email address will not be published. Visit Site Read Review.