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Toroption - Anyone used it?

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Comments

  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 7 September 2017 at 5:16AM
    Lots of posts about dubious trading platforms that are followed by someone offering to help you if you've lost money in a scam. Do we have a "bot" or something worse? I thought I was a "one note" poster, but Donald has beaten me.....note the identical posts on multiple threads
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • sharpharp wrote: »
    Someone with 3000+ posts like you should know better and be less arrogant.

    Someone with over three thousand posts, many of them helpful, has more right to be arrogant than most.

    If what Another Joe has written is arrogance, then I aspire to achieve similar levels of arrogance.

    Warmest regards,
    FA
    Thus the old Gentleman ended his Harangue. The People heard it, and approved the Doctrine, and immediately practised the Contrary, just as if it had been a common Sermon; for the Vendue opened ...
    THE WAY TO WEALTH, Benjamin Franklin, 1758 AD
  • Reaper
    Reaper Posts: 7,355 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 7 September 2017 at 10:17AM
    Before the thread goes downhill too fast here is some more info.

    Binary Options are not currently regulated by the FCA so you are on your own if you go for it. Many turn out to be scams as described here:
    https://www.fca.org.uk/scamsmart/binary-options-scams

    That page also says if they are based in the UK they have should be licensed by the Gambling Commission. The company lists 2 addresses one of which is in Armenia (not promising) and the other is Smart Choice Zone LP registered address 272 Bath St. ,Glasgow, G2 4JR , Scotland

    Are they licensed? No
    https://secure.gamblingcommission.gov.uk/PublicRegister/Search?Search=toroption
    https://secure.gamblingcommission.gov.uk/PublicRegister/Search?Search=Smart+Choice+Zone
    Though I have to say it depends on where their "gambling equipment" is based so they may potentially have a get-out.
  • Eco_Miser
    Eco_Miser Posts: 4,902 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    This is an old thread, apparently revived by a spam post, now gone, and we've now got two new posts responding to the year-old OP.
    Eco Miser
    Saving money for well over half a century
  • george4064
    george4064 Posts: 2,932 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Never heard of them - AVOID
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • Reaper
    Reaper Posts: 7,355 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Eco_Miser wrote: »
    This is an old thread
    oops, so it is
This discussion has been closed.
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