CNMV warns against Titan Trade and Titans Binary

The Spanish financial regulator Comisión Nacional del Mercado de Valores has published a warning about the binary options broker Titan Trade and Titans Binary.

Titan Trade is gathering warnings from regulators from all over the world, including Denmark, Australia, Italy and Belize.

Now the Spanish CNMV has warned that Titan Trade is not authorized to provide services in Spain. In fact Titan Trade is not regulated everywhere, it does not even reside in Belize, although the broker claims it does.

Link: http://www.cnmv.es/Portal/verDoc.axd?t={209749e9-1ec6-43f7-b38a-417be826da6c}

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