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Binoxtrade Ltd
Operating status: SCAM
Website: https://binoxtrade.com/
Broker violations and abnormal records
On 17 May 2024, the British Columbia Securities Commission (BCSC) issued a warning that Binoxtrade Ltd was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/binoxtrade-ltd
On 17 May 2024, the British Columbia Securities Commission (BCSC) issued a warning that Binoxtrade Ltd was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/binoxtrade-ltdAccording to its website, it claims to be regulated globally but does not display any regulatory information on its website. In addition, it is located in Canada and San Francisco. Upon investigation, no matching information was found in the Investment Industry Regulatory Organization of Canada (IIROC) and the National Futures Association (NFA). It also mentioned being registered in the UK, but no relevant information was found with the Financial Conduct Authority (FCA).
The British Columbia Securities Commission (BCSC) issued a warning that Binoxtrade Ltd was providing financial services or products without authorisation.
The truth is that Binoxtrade Ltd is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money cannot be protected by any laws.
Therefore, Binoxtrade Ltd is a scam.
According to its website, it claims to be regulated globally but does not display any regulatory information on its website. In addition, it is located in Canada and San Francisco. Upon investigation, no matching information was found in the Investment Industry Regulatory Organization of Canada (IIROC) and the National Futures Association (NFA). It also mentioned being registered in the UK, but no relevant information was found with the Financial Conduct Authority (FCA).The British Columbia Securities Commission (BCSC) issued a warning that Binoxtrade Ltd was providing financial services or products without authorisation. The truth is that Binoxtrade Ltd is not regulated by any regulators. Letting it hold or control investors' money is unsafe and the money cannot be protected by any laws.Therefore, Binoxtrade Ltd is a scam.
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