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MAS: Don't trade in binary options on unregulated platforms

It says these are high-risk instruments, and many trading platforms are fraudulent and based outside Singapore

Published Tue, Mar 14, 2017 · 09:50 PM

    Singapore

    IN the wake of complaints from investors who have suffered losses, Singapore's financial markets regulator has warned against trading in binary options on unregulated platforms.

    The warning to the public by the Monetary Authority of Singapore (MAS) follows the one from the police at the end of last year.

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