Canada’s IIROC Warns Investors Against RxD Options

The Investment Industry Regulatory Organization of Canada (IIROC) warns Canadian investors that RxD Options fraudulently claims to be regulated by IIROC.
Through their website https://rxdoptions.com, the company claims to offer accounts for trading in cryptocurrency, forex, and binary options.
According to IIROC, Binary options cannot be offered or sold to retail investors in Canada. No IIROC dealers are authorized to sell binary options to retail investors in Canada.
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The regulator urges Canadian investors to exercise caution when dealing with non IIROC-regulated firms. It advises investors to confirm if investment firms are registered with IIROC by visiting IIROC's website. Investors can also check the background, qualifications, and any disciplinary history of investment advisors registered with IIROC 's free AdvisorReport.
About IIROC:
IIROC is the pan-Canadian self-regulatory organization that oversees all investment dealers and their trading activity in Canada's debt and equity markets. IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while supporting healthy Canadian capital markets.
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