Hong Kong’s SFC warns of unlicensed Forex broker TFX Global


Hong Kong’s Securities and Futures Commission (SFC) has just updated its Alert List, which includes the names of businesses that target Hong Kong investors without having the necessary authorization.

Amid the latest additions is Triumph Global (Asia) Limited/ TFX Global, a brokerage offering Forex and binary options trading services.

The company operates via two websites: www.tfxglobal.com and www.tfxi.com.

It gives an address in Hong Kong (Unit A-C, 25/F Seabright Plaza, 9-23 Shell Street, North Point) but the regulator warns that the business is not located there.

SFC also warns that unlicensed entities, like the above mentioned broker, often use names similar to legitimate companies to confuse investors. For that matter, one can notice that the name of this unauthorized entity is similar to that of the Tokyo Financial Exchange (TFX).

To view the full Alert List, click here.

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Hong Kong's SFC warns of unlicensed Forex broker TFX Global

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