Hong Kong SFC adds retail forex broker FXGlobal1 to its Alert List

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong.

Added to the SFC Alert List is retail forex broker FXGlobal1, operating at fxglobal1.com.

According to the SFC, unlicensed broker FXGlobal1 uses a bank account in Hong Kong in the name of Expert Capital Ventures Limited for settlement.

The SFC Alert List can be seen here.

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