SFC warns against 72 Option

The financial regulator from Hong Kong – SFC – has put the binary options broker 72 Option on its warning list.

The SFC has learned that 72 Option is using a bank account in Hong Kong in the name of Luxury Billion. But 72 Option is not regulated, it is not authorized to offer its services in Hong Kong.

The broker is allegedly based in Bulgaria, but it obviously is not regulated at all, so it has no authorization for any country that regulates binary options trading.

2 thoughts on “SFC warns against 72 Option

  1. Hi all. I have created an email address: [email protected]. If, like me you have been scammed by them, please email your name and how much you lost. I have made some headway into finding out who they are. I am in touch with some people who have suggested I find as many victims as possible and we may stand a chance of recovering something and hopefully putting these crooks away. If you know any other victims, please pass this on. Many thanks.

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