Content of Penalty:
The Financial Services and Markets Authority (FSMA) warns the public against the activities of GTX Options, a company that unlawfully offers binary options on the Belgian market.
The FSMA reminds the public that since 18 August 2016, no investment firm is permitted actively to distribute binary options within the territory of Belgium.
GTX Options does not comply with this rule.
Moreover, consumers who have invested in GTX Options never recovered their investment. Therefore, such activities most likely constitute a case of investment fraud.