The British Columbia Securities Commission has warned investors about an online fraudulent binary options bot in British Columbia. The Canadian regulator noted that a binary option trading robot has been circulating around the internet and consumers must take caution about such software. The company running the trading robot has been noted by the British Columbian authorities that it is not licensed nor authorized by the regulator.
Millionaires Blueprint is automatic binary options software that has landed on the warnings list of BCSC. The company has been performing illegal trades by selling downloadable programs and the commission warns consumers about such scam.
The software scam was recorded under “Investment Caution List” and consumers must be careful when engaging on internet click baits. Furthermore, the trading robot uses the tagline of “get rich quick” and the company promises money growth in a short period of time.
Despite BSCS’s disintegration, the commission has been doing a smooth job as that leads them to their success. Moreover, the Canadian state has not allowed any binary options to be traded as such trading system has not been authorized yet. The commission is enforcing more security and executing inspections to such companies releasing scam softwares.
Binary options brokers that are based on Canada have been successfully shut down by the country’s authorities. Canada is looking forward to clean the country from the binary options industries that are performing illegal trades such as Millionaires Blueprint.
This is BSCS’s third company to be blacklisted as of October and BSCS is toughening up its capabilities in handling and shutting down fraudulent scams which includes, Millionaires Blueprint. Again, no binary options company has been permitted to perform under Canada alone.
Investors in Canada must take cautious approach on these suspicious trading robots.
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