FCA warns against LS Traders and Ivory Option

Britain’s Financial Conduct Authority has warned against two unregulated binary options brokers.

The first warning is about Ivory Option, which is one of the oldest binary options brokers, but not regulated.

The broker is based in Bulgaria and it is targeting residents of Great Britain, Australia, Singapore, South Africa and New Zealand, without being authorized to do so.

The second addition to the FCA’s blacklist is LS Traders. This broker offers so called directional trading, which simply put is binary options trading.

This broker is allegedly based in Britain, but the FCA knows nothing about, except that it is not regulated.

For your trading use regulated brokers only.