Tag: Belgium FSMA

binary options warning
August 17, 2017 BY LeapRate Staff

Belgium regulator FSMA warns against nine Binary Options brokers

Belgium's financial regulator FSMA has issued a warning against nine Binary Options brokers which are unlawfully offering binary options to Belgian retail traders. Any company wishing to offer investment products in Belgium must hold an authorization. However, since August 18, 2016, no investment firm (authorized or not) is permitted actively to distribute binary options within the territory of Belgium.…

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April 25, 2017 BY LeapRate Staff

Plus500 comes to €550,000 settlement with Belgium FSMA

CFD broker Plus500 Ltd (LON:PLUS) has announced that it has reached a settlement with Belgium financial regulator FSMA, in which it will pay the regulator €550,000. The settlement came after several months of discussions between Plus500 and the FSMA. Belgium authorities claimed that Plus500 had contravened its ban on offering leveraged trading products in the…

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