Tag: Forex warning

March 08, 2016 BY Maria Nikolova

New Zealand's regulator warns against unregistered Forex broker DGMFX

About two weeks after New Zealand's Financial Markets Authority (FMA) warned against unregistered Forex broker NoaFX/Capital Market Investments, the regulator issues a similar warning – this time against DGM Service Markets Limited. The list, which includes the names of businesses marketing financial services to New Zealanders without being registered, now includes DGM Service Markets Limited…

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March 08, 2016 BY Maria Nikolova

ASIC warns against Market City International and Brokers500

The Australian Securities and Investments Commission (ASIC) today issued a warning against Market City International SRL (Market City International), trading as BROKERS500 through the website www.brokers500.com. BROKERS500 presents itself as a leading online trading broker specialising in stocks, commodities, CFDs and currencies. The website claims (see image below) that Market City International holds an Australian…

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March 04, 2016 BY Maria Nikolova

Hong Kong's SFC issues warning against securities brokerage Galaad Capital Group

Hong Kong's Securities and Futures Commission (SFC) keeps updating its Alert List and today added one more unlicensed entity to it - Galaad Capital Group. Galaad Capital Group, operating from www.galaadcapitalgroup.com, is offering a range of trading services, including Forex services. The company provides the following address: 28th Floor, New World Tower, 16 Queen’s Road…

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March 02, 2016 BY Maria Nikolova

New Zealand's FMA warns against Forex firm TigerWit

New Zealand’s Financial Markets Authority (FMA) has earlier today updated its list of “Businesses to be wary of”, with the latest addition being TigerWit Prime Limited. TigerWit operates via www.tigerwit.com, offering various Forex trading services. The company purports to have an address in New Zealand and to be a registered financial services provider. The FMA…

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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…

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February 23, 2016 BY Maria Nikolova

New Zealand's FMA warns of NoaFX/Capital Market Investments

Just a day after New Zealand's Financial Markets Authority (FMA) voiced its concerns about Forex firm Fidelis International Trading Limited, the regulator is adding another Forex services provider to its list of unregistered businesses. The list, which includes overseas businesses marketing financial services to New Zealanders without being registered, now includes Capital Market Investments Limited,…

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February 22, 2016 BY Maria Nikolova

New Zealand's regulator voices concerns regarding Fidelis International Trading

New Zealand's Financial Markets Authority (FMA) has earlier today included one more company in its list of “Businesses to be wary of”. The latest addition to the list is Fidelis International Trading Limited, a company that offers a raft of investment services, including CFD and Forex trading. The company, operating from https://www.fidelisinternationaltrading.com/en/, purports to have…

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February 19, 2016 BY Maria Nikolova

Switzerland’s regulator adds Golden Bridge FX to Warning List

Just a couple of days after Switzerland’s Financial Market Supervisory Authority (FINMA) alerted investors about FX firm Lion Fund, the regulator adds one more Forex broker to its Warning List. The latest addition to the list is Golden Bridge FX, operating via https://gb-fx.com. The broker targets English-speaking and Arabic-speaking clients, offering them various Forex trading…

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February 18, 2016 BY Maria Nikolova

Ontario Securities Commission issues warning against FX broker CMS Trader

The Ontario Securities Commission (OSC) continues to add unlicensed Forex brokers to its Warning List. Less than a month after one of the strictest Canadian financial regulators issued a warning against retail forex broker Sumo Forex Limited, the watchdog publishes a warning against CMS Ventures Limited (also known as Pandorx Ventures Ltd.) The company is…

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February 16, 2016 BY Maria Nikolova

Spain's CNMV issues warnings against three Forex, binary options brokers

It has been about a week since Spain's financial markets watchdog CNMV warned against FXMarker and Imperial Options, and the Spanish regulator has just updated its list of unauthorized investment companies, this time adding three more binary options and Forex services providers that do not have the authorization to target Spanish investors but nevertheless do so.…

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