Belize’s watchdog issues Cease & Desist orders against FXPrivate, MT Capital Partners


The International Financial Services Commission of Belize (IFSC) has issued warnings and Cease & Desist orders against two companies offering Forex services: FXPrivate and MT Capital Partners.

MT Capital Partners Ltd

The watchdog notifies the public that MT CAPITAL PARTNERS LTD. is not and has never been licensed by the International Financial Services Commission of Belize (IFSC) to engage in FX advisory services, or in any other international financial services. The entity was dissolved on January 13, 2016 and is no longer on the International Business Companies Register of Belize, the Commission explains.

MT Capital Partners Ltd. was directed to cease and desist from engaging in the said unlicensed activities.

FXPrivate Company Ltd.

The International Financial Services Commission of Belize (IFSC) has been informed that FXPrivate Company Ltd. is offering forex brokerage services and other international financial services without a licence from the IFSC. The entity was struck off the International Business Companies Register of Belize on January 1, 2016.

FXPrivate Company Ltd. was also directed to cease and desist from engaging in the said unlicensed activities.

You can view the warning against FXPrivate Company by clicking here.

You can view the warning against MT Capital Partners by clicking here.

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Belize's watchdog issues Cease & Desist orders against FXPrivate, MT Capital Partners

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