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.

Leave a Reply

Your email address will not be published. Required fields are marked *