Tag: Belize

December 08, 2016 BY LeapRate Staff

Belize IFSC warns cryptocurrency exchange Alcurex to cease and desist

Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding cryptocurrency exchange Alcurex Ltd., operating from website https://alcurex.com/#LTC-BTC. According to the IFSC, Alcurex Ltd. is an International Business Company with its registered office address at 24.5 Old Northern Highway, Boston Village, Belize District, Belize, C.A. Alcurex is purporting to be an online cryptocurrency exchange…

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July 16, 2016 BY Mike Fox

RoboForex changes company name of Belize office

CySEC and International Financial Services Commission (IFSC) of Belize regulated brokerage RoboForex informed the public today that the name of RoboTrade Ltd company licensed under IFSC/60/271/TS/16 was changed appropriately to RoboForex Ltd. Apparently, the purpose of this change was the unification of the names within RoboForex group. RoboForex holds the IFSC of Belize license for trading in financial and commodity…

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June 11, 2016 BY Mike Fox

Belize financial regulator warns on 'Profitable Forex EA' fraud

Today the International Financial Services Commission of Belize (IFSC) whom regulates many Forex brokers and international financial firms, notified that an entity calling itself ‘Profitable FX EA’ is falsely and fraudulently representing that it is licensed by the International Financial Services Commission of Belize. You can see the fake license emanating from their website below. The website also claims this…

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February 01, 2016 BY Maria Nikolova

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…

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December 01, 2015 BY Maria Nikolova

Belize's regulator issues warning, cease and desist order against FX firm Grizzly Limited

Belize's International Financial Services Commission of Belize (IFSC) on Monday published a warning notice and cease and desist order against provider of Forex services Grizzly Limited. The company operates via https://www.grizzly-ltd.com/, where it claims to be regulated by the IFSC. The regulator notes that Grizzly Limited is not licensed by the International Financial Services Commission…

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November 19, 2015 BY Maria Nikolova

Belize's IFSC warns against Profit Riders, promising up to 200% in daily returns

The International Financial Services Commission of Belize (IFSC) has published one more warning on its website. The watchdog has voiced its concerns regarding Profit Riders Inc., an investment firm operating via www.profit-riders.com. The company is promising generous profits – up to 200% in daily returns, to investors that decide to entrust Profit Riders their money.…

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October 27, 2015 BY Maria Nikolova

Belize's watchdog warns Panteon-Finance is no longer licensed

Several months after Panteon-Finance made it to the “Black List” of Russia's Forex organization CRFIN, Belize's financial markets regulator also voiced its concerns over the company. In a warning dated October 26, 2015, Belize's International Financial Services Commission (IFSC) says that Panteon-Finance Ltd is no longer licensed by the regulator for trading in securities or to…

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October 23, 2015 BY Maria Nikolova

Belize's IFSC warns against unauthorized FX broker Maxim Trader

The International Financial Services Commission of Belize (IFSC) on Thursday published a warning against Maxim Capital Limited, which claims to be licensed by the Belize financial regulator. The company, also known as Maxim Trader, offers Forex services to clients in Europe and Asia. The IFSC notes that Maxim Capital Limited is not licensed by it…

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