DGI Market, owned and operated by D.G.I. Market Ltd.
Warning from the British Columbia Securities Commission, British Columbia
DGI Market, owned and operated by D.G.I. Market Ltd. (together, the Parties)
Date added: July 15, 2016
Background: DGI Market claims to be based in Bulgaria and offers an on-line binary options trading platform.
We recently became aware of DGI Market and that a British Columbia (BC) resident was able to open a trading account with DGI Market.
A binary option is a type of option whose payout depends on whether the underlying asset (such as a stock, a commodity, a currency pairing, etc.) increases or decreases in value. Options are considered to be securities under the securities legislation in BC.
The Parties are not registered to trade in, or advise on, securities or exchange contracts in BC.
We urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.