January 19, 1: The ASC Alberta Securities Commission , the leading Canadian financial watchdog, has recently released a list of the Top 5 risks for investors and traders in the new year.

The list consists of several perils which have been an ongoing concern amongst other regulators and national watchdogs such as the OSC and BCSC, who have been naming and shaming specific binary options and forex brokers they discovered to be taking advantage of Canadian citizens.

Moreover, Fairbinaryoptions recently took the decision to stop promoting unregulated brokers on our website , so as to deter traders from investing money with unregulated brokers who do not possess a valid license. From our previous experiences, we have come to realise that most unregulated brokers tend to display some form of unethical behaviour since they are not supervised by any higher authority. Some red flags are often recognisable, however, so again, fact-checking and research is an important factor.

If a company requires you to transfer funds to their offices located overseas, this could be one of the telltale signs mentioned above. Most fraudsters are clever enough to understand the power of social media as a marketing tool to promote their goods and services.

They are not above using dishonest gimmicks in an attempt to trick and attract unsuspecting customers, by, for example, misleadingly using pictures of celebrities to endorse their brand. It may seem like an enticing prospect to invest money into a thriving industry but traders must not let their emotions get the better of them.

We advise our readers to heed this information when choosing a binary options broker and to only opt for regulated brands whenever possible.

This website is independent of binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade binary options. The potential client should not engage in any investment directly or indirectly in financial instruments unless s he knows and fully understands the risks involved for each of the financial instruments promoted in the website.

Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, FairBinaryOptions.

Binary options trading entails significant risks and there is a chance that potential clients lose all of their invested money.

Your capital might be at risk. Investment Rating Your capital might be at risk. ASC Issues Top 5 List of Risks for Traders in The list consists of several perils which have been an ongoing concern amongst other regulators and national watchdogs such as the OSC and BCSC, who have been Moreover, Fairbinaryoptions recently took the decision to stop promoting unregulated brokers on our website, so as to deter traders from investing money with unregulated brokers who do not possess a valid license.

Offshore Investments If a company requires you to transfer funds to their offices located overseas, this could be one of the telltale signs mentioned above. Even national and regional regulators cannot do much to help if something goes wrong when customers invest funds to offshore locations, often resulting in the money 'disappearing' with no way to trace it. Sneaky Marketing Tactics Most fraudsters are clever enough to understand the power of social media as a marketing tool to promote their goods and services.

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ASC Top Risks for Traders in | Binary Options News

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