The really startling thing about this case is that the company is regulated by the FCA. Do you have the names of any individuals you dealt with at the firm? They should be on the FCA Register, but it's worth checking. Either way, behaviour like this by a regulated firm needs to be publicised...
Banc de Binary has been penalised by a court in the USA and ordered to repay investors there. The total involved is said to be US$11 million. You can see the details here http://www.thisismoney.co.uk/money/experts/article-3478355/TONY-HETHERINGTON-Banc-Binary-hit-8m-charge.html. The original...
This is a disgrace, not just to the company, which is clearly incapable of understanding the concept of disgrace, but it's also a disgrace to the government of Cyprus and its Securities and Exchange Commission. What kind of financial regulator permits this sort of misconduct? Please, please...
Do not place any reliance on the Financial Conduct Authority in Britain (the new name for what was the FSA). It refused to regulate binary options after ruling that they were not a true investment but were actually gambling. That made oversight the job of the Gambling Commission, but it has...
You may find this British newspaper article interesting - TONY HETHERINGTON: US watchdog takes 'bank' Banc de Binary to court...but Britain lets it in | This is Money .
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