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How binary options firms can mislead customers?

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asked Apr 26 in Binary Options by layla (2,000 points)

1 Answer

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answered Apr 26 by Connor1 (5,150 points)

Online trading firms, especially binary options firms, are often resorting to the misuse of words like “bank” and “exchange” to mislead customers into thinking that the entity soliciting them has anything to do with such top-class business establishments.

commented Apr 26 by layla (2,000 points)
Can you give me some example?
commented Apr 26 by Connor1 (5,150 points)
A recent example has been provided by BDSWISS, which has settled with the Cyprus Securities and Exchange Commission (CySEC) over misleading marketing but is still allowed to use the Swiss flag in its advertisements.

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