I am a broker for a Binary Options company by the name of 1ST Capital Options, in the UK, at least until earlier when i quit my job along with 2 of my co-workers.
The reason for this was i came straight from college so i had no idea Binary Options were unregulated, now i wanted a job as a proper broker and form the induction day i had a funny / shady feeling about this business, it is a small classroom fit for 5 “brokers” with 1 owner, no departments, no managers, just 5 brokers and an owner.
I know the company set up a few months back however, it still didn’t feel right. I was given “leads” of interested investors who when i called turned out to be cold calls who had no interest, the withdrawal terms are weird, you have to spend what you put in, nobody wore suits except for me and my colleagues.
There was no contract of employment, no salary just commission. When we handed clients over to a “senior market analyst” it was actually the owner. Small things like this began to give me a shady feeling about this, as it did with me and my 2 colleagues, therefore we left. Would you consider researching into this company so i can get a general understanding of what is really going on.
are you referring to 1st Capital Options in Moorgate?
needless to say I didn’t go to the interview.
Have you found out anymore about them?
im not a fan of Binary Options anyway but didn’t realise they are not regulated!!!!!!!!!!!!
any info would be interesting to hear.