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The broker stated that they were a part of company RBS Asset Management (ACD) Ltd (FRN 437090), however, the press release is reminding the public how two companies have nothing in common and how the later one is regulated, while binary broker isnt.
FCA also took the opportunity to once again let traders know that they should always trade with regulated brokers and check their status twice.
All regulated entities are listed in FCAs register and can be easily found. In March, AMF already put RBSbourse on their Black List. The reason for such action is the fact that broker claimed to be based in London but their preferred language was French and they were extensively working on French market without being regulated.