Kih,
No they are regulated by some Gaming commission.
The platform that offer some form of binaries with UK regs (FSA) are
IGindex, GFT, PYXMarkets and thats it... I do not know if they offer US trading though... I would think that
IG do.
Hello Los Pinos,
PYX Markets are terrible. I have had numerous issues with them. Not only have they reduced the maximum payouts by a factor of 4. But you can phone and email them an entire week and not get a response.
I have had winning bets that say they lost (I am not talking about discrepancies over price feeds. I am talking about a bet that very very clearly won by a a full 0.5% in the price of the underlying asset.
Their withdrawal form doesn't work. You can't call them to make a withdrawal. I have been chasing money for 3 weeks now and have contacted the FSA about it.
Have spoken to the "MD" - well, hes the only guy at the company basically, but obviously gets off on the title, and he is a TOTAL BULL****TER.
They claim your funds are safe with PayWizard but your funds are not held with Paywizard. Think I will be getting my money from the Financial Services Compensation Scheme in about 8 months time personally.
