The British Columbia Securities Commission (BCSC) added five companies to the Investment Caution List. These entities claim to operate in binary options trading, foreign exchange (forex) trading, online stock trading, and more.
The Investment Caution List identifies unregistered activity and unqualified securities promoted in British Columbia. The BCSC relies on information from the public and other agencies to identify new entries to the List.
None of the companies listed below are registered to trade in, or advise on, securities or exchange contracts in BC.
New Additions to the Investment Caution List
TR Binary Options and Boss Capital
TR Binary Options, formerly known as Trade Rush, and Boss Capital claim to be based in Sofia, Bulgaria, and offer a binary options trading platform. Both entities are owned and operated by Melnic Group Ltd.
CFD Capital Markets
Omega Mutual Group
Omega Mutual Group offers an online stocks, commodities, precious metals, and currencies trading platform. The company claims to be based in Shanghai, China.
Sea Faith Bullion Limited and Sea Faith International Industrial Limited
Sea Faith Bullion Limited and Sea Faith International Industrial Limited offer an online gold and silver trading platform. Both companies claim to be based in Hong Kong, Shenzhen, Dongguan, Harbin, and several other cities in China.
Report Suspicious Investments to the BCSC
You can bring companies or individuals to our attention using the Report a Concern form or contacting BCSC Inquiries at [email protected]. Remember to keep records in case you need to make a complaint or take legal action.
If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using the BCSC’s online complaint form.
InvestRight.org is the British Columbia Securities Commission’s investor education website.
Time and time again, we hear the reasons for not reporting: it is too difficult; I do not know who to report it to; I am too embarrassed; I am too ashamed; I signed a confidentiality agreement…the list goes on and on. The benefits of reporting far exceed the reasons not to. So please look […]