The binary options broker 247OptionsTrade faked investment licences that can be seen on its website.
247 Options Trade claims to be regulated by the FSC of Mauritius and by the CySEC of Cyprus. But it is not true.
The FSC stated that it has never issued any license for 247 Options Trade, so the document on the broker’s website is fake.
The same applies to the CySEC licence, 247 Options Trade has never been regulated in Cyprus.