Here is a transcript of a conversation with this imaginary company, Banc De Binary. Notice how they avoided all my questions. I have access to every single registration in the US and Europe and beyond including their registration to the CYSEC. No such people exist. Not even an application on file. Here's the deal everyone...with no registration, WHY on earth would you even deal with someone or others who do not even exist yet?
Welcome to Banc De Binary! Customer Support Representative will be with you shortly. You are number 1 in the queue. Your wait time will be approximately 0 minute(s) and 7 seconds. Thank you for waiting.
You are now chatting with 'Rachel Knight'.
Rachel Knight: Welcome to Banc De Binary (
Binary Options | Trade Binary Options Online - Banc De Binary). How may I assist you?
tekgman@: Yes, thank you for taking my chat...will you tell me which US state you are incorporated in?
Rachel Knight: we are located in NY
tekgman@: I said, registered
Rachel Knight: we are currently undergoing regulation with the CYSEC
tekgman@: what state, please?
tekgman@: it's a simple question
tekgman@: DBA?
Rachel Knight: Cyprus, it is not a state
Rachel Knight: Cyprus securities and exchange commission
tekgman@: Hmmm, I don't see you registered in Cyprus
tekgman@: what name are you registered under in Cyprus?
Rachel Knight: we are currently under going regulation and should be by next week
tekgman@: Again, what name?
Rachel Knight: the CYSEC
tekgman@: You are avoiding my question, why?
tekgman@: What name are you registered under or going to register under or have registered under in Cyprus?
Rachel Knight: Banc De Binary
Rachel Knight: that is our name
Rachel Knight: and we should be regulated by next week with the CYSEC
tekgman@: It is not registered in Cyprus.
tekgman@: not even an application
Rachel Knight: if you have further questions, please feel free to send an email to:
legal@bbinary.com
tekgman@: Is this your real name?
Rachel Knight: Yes this is my real name
tekgman@: Good. Thank you for your time.
Rachel Knight: If you have any additional questions, please feel free to contact us again. We're here 24/7 to assist you.
Rachel Knight: Goodbye. Have a wonderful day.