BCSC warns against Millionaires Blueprint trading software

The British Columbia Securities Commission (BCSC) added Millionaires Blueprint trading software to its list of unregulated brokers. Is Millionaires Blueprint not reliable?

1 November, AtoZForex – The investigation of the Canadian local regulator, BCSC discovered that an investor from British Colombia (BC) was able to open an account with Millionaires Blueprint. After further research, BCSC learned that the Millionaires Blueprint is not authorised to offer its financial services in the region of BC.

Millionaires Blueprint is run by Walter Green, and the firm claims to be a technology development company. However, BCSC has caught the firm soliciting investors to sell its fully automated binary options trading software. The trading software provider operates through the website millionaires-blueprint.co, but it is lacking numerous of basic elements, such as a proper "contact us" page.

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False claims of Millionaires Blueprint trading software

The BCSC discovered that Millionaires Blueprint's services offered through the trading software fall under financial services products, which requires authorization by the watchdog. The company came under attention after Millionaire Blueprint opened a trading account for a British Colombia resident without having the authority to do so  Assessing the website of Millionaires Blueprint, it is clear that the binary options trading software provider is not licensed by any financial regulator.

Aside lacking the license, the binary options trading software provider also claims that its software provides investors a 82 percent average win rate. Guaranteeing that its auto trading strategy creates millionaires in only 3 months time. The website also contains questionable testimonials of previous investors, in once case an investor claimed that Millionaires Blueprint's software earned him as much as $20,000 per week.

Is your broker regulated?

It is crucial to be careful when you are choosing a broker, make sure they are authorised and reliable. Therefore, BCSC has urged all investors to double check if a financial firm or broker is licensed. Also, when an investment deal sounds unrealistic or "too good to be true" it often is, check the broker and question their claims. Thus, BCSC issued a public warning to restrain the investors from committing funds with Millionaires Blueprint.

At AtoZ Forex, we value the same principles and even take it a step further with the AtoZ approved badge, which brokers can earn. Only the most reliable and compliant brokers have earned this status, as we put them through under an extensive test by shadow traders. These experts test the brokers' withdrawal process, regulation, T&C, execution and other vital items.

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