FSCA warns public against OptionPlus500 (Pty) Ltd

The Financial Sector Conduct Authority (FSCA) has warned the public to act with caution when dealing with OptionPlus500 (Pty) Ltd. This firm is not authorised in terms of the Financial Advisory and Intermediary Services Act 37 of 2002 to render any advice and intermediary services. An individual named Maggie Brand is purporting to act for this firm and claims to be affiliated with Plus500AU Proprietary Limited, FSP No 47546. Plus500AU (Pty) Ltd has confirmed that no connection exists between them and the said individual. Read the full FSCA release here