The Financial Commission has been notified by concerned traders regarding the companies and associated websites of 247frxtrade,  Coin Trade, BitBinary, Cryptocent, and Elitefxoption.

Upon reviewing the submitted information from potential customers of these brokers, the Financial Commission has determined that the indicated companies and associated websites may be used to scam and defraud traders and investors. As such, the Commission does not recommend to do business with any of the above-mentioned companies neither individuals purporting to represent these brokers on social media and in private messages on popular messaging apps. Given this information, 247frxtrade,  Coin Trade, BitBinary, Cryptocent, and Elitefxoption placed on the Financial Commission’s Warning List.

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