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FCA binary options warning: Limited Binary

FCA binary options warning: Limited Binary

July 13, AtoZForex – As reported in the official website of Financial Conduct Authority (FCA), the regulator fulfills three core objectives: protecting customers, enhancing market integrity and promoting effective competition.

FCA continues its journey on protecting the investors by warning them about unregulated entities that target UK customers. Many of those unauthorized entities claim that they have offices in the United Kingdom. The latest update to its warning list came yesterday: FCA binary options warning against Limited Binary was issued.

FCA binary options warning: Limited Binary

English watchdog states it the official statement:

“We believe this firm has been providing financial services or products in the UK without our authorization. Find out why to be especially wary of dealing with this unauthorized firm and how to protect yourself from scammers.”

Broker of the month

Broker name Limited Binary
Physical address 2 America Square, London, EC3N 2LU
Telephone +44 30 33 18 95 10

Additionally, the regulator notes that “almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorized by us.” However, some of the firms knowingly act without the official permission from the FCA.

AtoZForex made an attempt to reach out to the Limited Binary through the number they provide. Unfortunately, we weren’t successful, as the provided number was not operational.

Recent warnings from the regulator

Just two days ago, the Financial Conduct Authority has issued another warning against clone firm of Go Markets UK Trading Ltd. Apparently, the clone firm of the Go Markets UK Trading Ltd has been operating through the website and using the following address: Birchin Court, 20 Birchin Lane, London, EC3V 9DU.

According to the FCA, the clone firm has no right to provide its financial services to the UK customers or in any other jurisdiction.

See also: LCG received FCA query on regulatory fees

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Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ, nor should they be attributed to AtoZMarkets.

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