25 September, AtoZForex.com, Amsterdam — The Swiss Financial Market Supervisory Authority has made the public aware that OptionFX got added to the regulator’s warning list. This action was taken after the discovery of OptionFX’s registered address in Switzerland, while the firm is not commercially registered with the local regulator at all.
Facilitating a wide range of trading products web based, OptionFX offers as much as thirteen currencies pairs, six commodities, major indices and stocks trading. According to OptionFX’s website, the firm is located in Switzerland with the address details described below:
“The World Trade Centre,
E205 Leutschenbachstrasse 95,
CH-8050 Zurich, Switzerland”
Can OptionFX undo the warning listing?
As FINMA added OptionFX to warning list, the Swiss Financial Market Supervisory Authority is currently conducting further research into the binary options broker. However, investors should be cautious, when deciding to deal with OptionFX.
The proceeding investigation of FINMA into OptionFX’s regulatory status will eventually lead to more clarification. Either OptionFX will be able to clear up the air with FINMA or they will be forced to close down its binary options offerings permanently for the Swiss region.
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