OneTwoTrade.com and EveryOption.com are not registered to sell or to receive investments from New Brunswickers, appear to be based off-shore, and purportedly use multiple names. The website appears to be inaccurate with respect to the companies’ registered status and the types of returns investors can expect. Warnings have been issued internationally from places such as British Columbia, Ontario, the United Kingdom and Greece.
We were recently advised by a resident that they had invested with OneTwoTrade.com and EveryOption.com. By the time the information reached us, the investor had already lost a significant amount of money
The companies market themselves as offering binary options. Binary options are similar to bets on whether the value of an asset will increase or decrease in a fixed – and often very short – period of time. Buying them may put any money invested at significant risk.
We urge New Brunswick residents to exercise caution when dealing with firms that are not registered to trade or advise in New Brunswick.