American Commodities Group Scam

May. 12, 2017

American Commodities Group Scam Widens Italy’s CONSOB continues to target unregulated brokers and investment scams. The regulator recently added two names to its blacklist, UP4X and the American Commodities Group, ACG. Both are operating illegally in Italy, neither having been registered or regulated. UP4X is a forex broker, ACG is an “investment” adviser soliciting to […]

Regulators Crack Down So Unregulated Brokers Change Tactics

May. 05, 2017

Unregulated Brokers Slipping Through The Cracks In a report first broken by FinanceMagnates in an exclusive story unregulated brokers are switching tactics. At least, they are moving to new locales and targeting new markets with the same old tricks. The problem they faced, a crack down on non-regulated brokerages and on their marketing tactics, forced […]

Canada Wants To Ban Binary Options . . . So What?

Apr. 28, 2017

Fighting A Flood Canadian regulators have long fought a rising flood of binary options fraud. Warning after warning from once province after another, backed up by more warnings from national level regulators have failed to curb what some in high position regard as nothing more than a transaction whose sole purpose stealing money. The latest […]

NADEX Proves Brokers Can Look Out For Their Clients

Apr. 21, 2017

NADEX, Self-Regulated Safe Broker NADEX has provided an example of how a broker, and exchange and the binary options should operate; self-regulating. The exchange has recently banned a husband and wife team found guilty of operating a money-pass scheme. Money-pass, a practiced deemed unethical and illegal by NADEX and regulators, is a fraud in which […]

Geopolitics Stymies Investors

Apr. 14, 2017

Market Recoils From All-Time Highs Just when you though it was safe to go back in the water… a brewing geopolitical storm has investors on edge. The S&P 500 has pulled back by -1.25% in the last week and more than -3% in the last 6 as it has continued to correct following the recently […]

Black Lists Fail To Stop Shady Marketing And Scam Brokers

Mar. 31, 2017

Warnings, blacklisting, fines and more regulations continue to poor in. In the last week a minimum of 4 international regulators have announced new regulations, new scams or both. In most cases the regulators are beginning to turn focus to the marketing, forcing the brokers to take responsibility for the actions of their network and, hopefully, […]

Scammers Beware, The FBI Is Out To Get You

Mar. 24, 2017

The FBI Is On Full Alert The FBI, in an alert to investors, says that binary options fraud is a growing problem. Well no #$%&. Binary options fraud has been the name of the game since the game was first introduced. I’m not saying that the entire industry is a fraud because its not. Trading […]

The Binary Options Regulation Coming To Canada

Mar. 15, 2017

As Regulators Crack Down The Investment Industry Pushes Back Canada’s regulators have long been counted among the most hostile toward binary options and there is good reason. The nations citizens have been targeted mercilessly by binary options scams and fraud leading to the suicide of at least one man. The problem is not that binary […]

SnapChat Rockets On Opening Day

Mar. 03, 2017

Rush for shares makes Snapchat founders instant billionaires Snap Inc shares were up 44% at the end of the company’s first day of trading – giving Snapchat founders an instant pass to join the tech billionaires’ club. Market Reaction To Snapchat IPO The success of the initial public offering (IPO) means the US company now […]

Regulators Prepare For MiFID II

Mar. 01, 2017

Change Is Afoot The regulatory landscape for binary options has been getting tougher and tougher for the brokers, but this is a good thing. It helps keep the shady, unregulated brokers from doing too much damage and it helps promote the legitimate binary options industry. Now it looks like things are going to get even […]