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Harvey Paulsen December 6, 83 Warnings and Alerts. Ivory Options operates under the Arianus Ltd, according to the British Columbian Securities Commission, the first warning was issued against Arianus Ltd that operates under the website www. According to the website, the company operates and is based in London with a listed address of Sofia, Bulgaria.
This latest addition follows the recent inclusion of another binary options broker, Magnum Options. The independent provincial government agency British Columbia Securities Commission or BCSC listed Ivory Options as a potential scam and is currently under the warning list of the agency. As for the warning list of BCSC, all companies including Ivory Options, are not registered to do trade in, or advise on, securities or exchange contracts in British Columbia.
The company also does not appear to be regulated under any jurisdiction. The Manitoba Securities Commission added Ivory Options as one of the companies to not do business with, according to a regulatory statement. According to the MSC, the company is illegally conducting financial services targeting provincial residents.
The MSC is an independent agency of the Government of Manitoba that protects investors and promotes fair and efficient capital markets throughout the province. According to the companies report, Ivory Options offers trading facilities on a wide range of financial instruments, ranging from foreign exchange to binary options.
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