The Forex brokerage, which claims to have addresses in New Zealand and Hong Kong, is not authorized to target Hong Kong investors, the Securities and Futures Commission (SFC) warns.
Hong Kong’s SFC warns against Forex firm Kaiser Brokers
Hong Kong’s Securities and Futures Commission (SFC) has updated its Alert List, adding to it one more Forex broker which has been seeking to attract Hong Kong investors without having the necessary authorization to do so.
The latest addition to the Alert List is Kaiser Brokers Group Limited, offering its services via www.kaiserbrokers.com. The brokerage is providing online trading services to retail clients, with its website having versions in English and Chinese.
The company gives two addresses:
- 24th Floor, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong
- Level 10 ,55 Shortland Street, Auckland City, New Zealand.
The SFC notes that the brokerage is not located at the above Hong Kong address and it is not licensed to provide investment services to Hong Kong residents.
David Hobart
David Hobart is Managing Director of FinAffiliates Limited, the UK media group behind LeapRate, AskTraders and a network of more than 30 financial and trading titles published across several languages and regulated markets. He writes on the commercial side of the industry: broker marketing, client acquisition, affiliate strategy and the editorial standards that hold it together. He is based in North Norfolk.
