Offshore Retail FX broker NetoTrade gets warning from Swiss regulator FINMA LeapRate

August 29, 2017 BY LeapRate Staff

Offshore Retail FX broker NetoTrade gets warning from Swiss regulator FINMA

Swiss financial regulator FINMA has issued a statement adding unlicensed offshore Retail FX broker NetoTrade to its public Warning List. This follows a similar warning against NetoTrade made earlier this summer by Spanish regulator CNMV. FINMA didn't list any details or reasons for placing NetoTrade on its warning list. Typically, FINMA takes such action if it…

May 31, 2017 BY Valentina Kirilova

FINMA issues warning against City Bank

Switzerland’s Financial Market Supervisory Authority (FINMA) keeps updating its Warning List, with the latest addition being City Bank. The company claims to have an address in Switzerland: Square de l'académie, 1205 Genf and is operating at www.citybank-us.com. The inclusion of City Bank in FINMA’s Warning List means that it might be operating without a licence although…

October 27, 2016 BY LeapRate Staff

Switzerland regulator FINMA warns against Binary Options broker Swiss Royal Banc

Switzerland's financial regulator FINMA has added a Binary Options broker named Swiss Royal Banc operating at swissroyalbanc.com to its warning list, of companies which are suspected of conducting unauthorised activities in the financial market. We assume that FINMA added Swiss Royal Banc mainly because of their name, which was obviously chosen to give unsuspecting retail traders the…

March 01, 2016 BY Maria Nikolova

Swiss FINMA adds Forex firm TradingBanks to Warning List

Switzerland’s Financial Market Supervisory Authority (FINMA) has earlier today updated its Warning List, with the latest addition being Forex broker TradingBanks. The company, operating from https://www.tradingbanks.com, purports to have an address in Belize (previously, it claimed to have an address in the BVI). However, in December last year, the International Financial Services Commission of Belize…

January 29, 2016 BY Maria Nikolova

Binary options firm Bloombex gets another warning – this time from Switzerland's FINMA

Switzerland’s Financial Market Supervisory Authority (FINMA) has updated its Warning List of companies, with the latest addition being Bloombex Online. Bloombex, operating via www.bloombexonline.com and www.bloombex-options.com, offers investors a variety of binary options services. The company says on its website that it has an address in Switzerland: Dreikönigsstrasse 31A, 8002 Zürich. The inclusion of Bloombex…

December 15, 2015 BY Maria Nikolova

Swiss FINMA adds Forex broker UnitFX to Warning List

Switzerland’s Financial Market Supervisory Authority (FINMA) keeps updating its Warning List, with the latest addition being Forex broker UnitFX. The broker, operating from https://unitfx.com, claims to have an address in Switzerland: Route de Pré-Bois Geneva 29. This is what must have caught the attention of the Swiss regulator. The inclusion of UnitFX in FINMA’s Warning…

Tag: FINMA warning