RECOMMENDED FOREX BROKERS
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New Zealand’s Financial Markets Authority (FMA) has added the binary options broker IntegraOption to its warning list.
FMA notes that it received its cue from Switzerland’s Financial Market Supervisory Authority (FINMA), which has published a warning about IntegraOption earlier this year. The reason was that the company has provided a business address in Zurich, but was not listed in the Swiss commercial register.
Now the FMA is seeking further information about IntegraOption: “If you have invested with IntegraOption or had contact with parties connected to it, FMA would like to hear from you,” the watchdog wrote.
According to its website, IntegraOption is owned by C.G Capital Investments – yet another company registered on the Marshall Islands, which turn out to be quite a popular destination for financial services providers. The marketing operations of the broker, however, are based in London. Naturally, IntegraOption is not regulated.
According to the NZL Business online directory, C.G Capital Investments had a brief appearance in New Zealand’s business landscape, having had a 21-day registration as an Overseas Non-ASIC Company between January 18, 2016 when it was registered and February 9, 2016 when it was removed from the registry. The provided address was in a quiet residential area in Waihi.