SmartCheck.Cftc.Gov Logo


RED (Registration Deficient) LIST

List of Foreign Entities That Have Been Identified as Acting in a Capacity That Appears to Require Registration but Are Not Appropriately Registered With the Commission

The Commodity Futures Trading Commission (CFTC) frequently receives investigative leads and questions from the public about foreign entities that solicit and/or accept funds from U.S. residents at a retail level. For example these leads and questions can relate to, among other things, foreign entities that engage in foreign currency (“Forex”) in a capacity similar to Retail Foreign Exchange Dealers (“RFEDs”), Introducing Brokers, Commodity Trading Advisors or Commodity Pool Operators and binary options Many of these foreign entities are acting in a capacity that requires them to be registered with the CFTC.

If a foreign entity is registered with the CFTC, then it is subject to CFTC regulations and oversight that apply to registrants. Generally, foreign entities that solicit you to trade are required to register with the CFTC. For this reason, it is important for you to consider whether the foreign entity that solicits you is, in fact, registered with the CFTC.

In certain cases, a preliminary review by the CFTC reveals that foreign entities that solicit and/or accept funds from U.S. residents at a retail level have no or limited U.S. presence, and act in a capacity that appears to require registration, but are not in fact registered. In an effort to warn the public about these entities, the CFTC is publishing the names of those foreign entities.

The goal of this list is to provide information to U.S. consumers about foreign entities that are acting in an unregistered capacity and to help them make more informed decisions about whether to trade with or through such an entity. The more that U.S. consumers trade with and through registered entities, the more likely that their funds will have a greater chance of being protected.

The named foreign entities currently appear to be acting in a capacity that requires registration with the CFTC but are NOT registered with the CFTC.

Date Entered Company
4/12/2016 Banc de Options
4/12/2016 Barclays Broker
4/12/2016 BeeOptions
4/12/2016 Binary Book
4/12/2016 Binary Das
4/12/2016 Binary Int'l
4/12/2016 BTG Option
4/12/2016 Diamond Managed Forex
4/12/2016 Forex Broker Inc.
4/12/2016 Forex CBR
4/12/2016 Forex Investment Services
4/12/2016 Golden Tangent Holdings
4/12/2016 Ivory Option
4/12/2016 Land-FX
4/12/2016 Lbinary
4/12/2016 NRG Binary
4/12/2016 Optionsxo
4/12/2016 Pamm-Mam Forex Fund Management
4/12/2016 Profit Forex
4/12/2016 Tallinex
4/12/2016 Titan Trade
4/12/2016 UK Options
8/21/2015 FX
8/21/2015 RidgeWood Securities
8/21/2015 Scion Forex
8/21/2015 Win Forex Trade
8/21/2015 2 Options
8/21/2015 Big Option
8/21/2015 Bloombex Options
8/21/2015 Ihoptions
8/21/2015 Option-World
8/21/2015 Regal Options
8/21/2015 Royal Binary
8/21/2015 Spot Fn
8/21/2015 Trade Quicker
8/21/2015 Trader'sway
8/21/2015 YesOption

The inclusion of an entity’s name on the RED list does not mean that the CFTC or a Court has concluded that a violation of any provision of the Commodity Exchange Act or the Commission’s Regulations has occurred.