British Columbia regulator issues warning against binary options broker Binex Markets

Is Forex Trading Halal explained by professional Forex trading experts the “ForexSQ” FX trading team.

Is Forex Trading Halal or Haram?

The British Columbia Securities Commission (BCSC) has just updated the Investment Caution List, which features the names of companies that unlawfully target residents of the Canadian province and/or offer unqualified investments.

The latest addition to the list is Binex Markets, a company which offers binary options services via https://www.binexmarkets.com. The company purports to have an office in the United Kingdom.

The BCSC notes that there are a couple of other firms associated with Binex Markets. The watchdog has become aware that Vision Trading Advisors (VTA), a firm that claims to be located in Fort Lauderdale, Florida, had contacted a British Columbia resident about opening an account with Binex Markets. VTA instructed the resident to send funds to the bank account of Vision Financial Partners, LLC.

logo2The regulator stresses that Binex Markets, Vision Trading Advisors (VTA) and Vision Financial Partners, LLC, are not registered to trade in, or advise on, securities or exchange contracts in British Columbia.

Is Forex Trading Halal or Haram Conclusion

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