ASIC warns against seven brokers

The Australian Securities and Investments Commission has warned against new binary options brokers.

ASIC has put the following seven brokers on its blacklist. Not only these brokers are not authorized to provide services in Australia, but they can also be involved in scams.

  • BBB Markets
  • IvoryOption
  • Plustocks
  • Aram Binary Options
  • Millenium Options
  • VX Markets
  • Binary Tilt

All these broker have no license whatsoever, so they have no authorization for any country that regulates binary options trading.

5 thoughts on “ASIC warns against seven brokers

      1. Thank John
        I believed that BBB Markets are a scam and there are author binary and forex trading companies connected to OB Capital Limited. I think we must be on the lookout any Brokers related with OB Capital

    1. Hi, I’m afraid it will be very difficult, because this broker is not regulated.

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