The Nova Scotia Securities Commission (NSSC) has noticed an increase in solicitations and marketing for investment in binary options. At this time, no binary options trading companies are registered in Canada (read more). The NSSC assumes that these platforms may be engaging in illegal activity.
The market is complex and difficult to predict
The Commission pointed out that investing in binary options is intended for sophisticated investors who have the knowledge, time and resources to track, analyze and assess each individual investment. People thinking about investing in binary options should exercise extreme caution. The market is complex and difficult to predict. Effective market analysis requires experience and education – it is not guesswork.
Read more about the Binary Options warning at LeapRate.