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iqtrade24, operated by B.O. Tradefinancials Ltd.

Date added:July 24, 2018
Address/Contact:www.iqtrade24.com
Background:B.O. Tradefinancials Ltd. (the Company) claims to operate iqtrade24, an online binary options trading platform provider.

We recently became aware of iqtrade24 and that it made an unsolicited offer to a British Columbia (BC) resident to trade with iqtrade24.

A binary option is a type of option whose payout depends on whether the underlying asset (such as a stock, a commodity, a currency pairing, etc.) increases or decreases in value.  Options are considered to be securities under BC’s securities legislation.

The Company and iqtrade24 are not registered to trade in, or advise on, securities or exchange contracts in BC.

We urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.

For information about how to become better informed about binary options, please visit http://www.binaryoptionsfraud.ca/.

For information on how to become better informed about investment products and services, please visit InvestRight, at www.investright.org.