BCSC warns against Redwood Options

The British Columbia Securities Commission (BCSC) has published a warning against the binary options broker Redwood Options.

According to BCSC the broker Redwood Options is based in England, but may be operating in or from British Columbia. And because the broker is not regulated in BC, it cannot offer its service to BC residents.

Redwood Options now displays a Bulgarian address and no information about regulation. So it seems that it is not regulated in any country.

Link: http://www.bcsc.bc.ca/Enforcement/Investment_Caution_List/Redwood_Options,_operated_by_Hampshire_Capital_Ventures_Ltd_/

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