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Canada’s provincial regulator, the Ontario Securities Commission (OSC), has warned that the B4Binary binary options broker is not registered in the province to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities.
In practice OSC has published two separate warnings: on Service Global 52 Ltd and on SG 55 Ltd, both operating the same site, www.b4binary.com, and sharing the same street address in London.
According to the broker’s site, it is owned and operated by Service Global 52 Ltd with a registered address at St. Vincent and the Grenadines, while SG 55 LTD is providing the payment processing services.