France’s AMF adds five Forex brokers to “Black List” LeapRate

December 17, 2015 BY Maria Nikolova

France's AMF adds five Forex brokers to “Black List”

France's financial markets authority AMF has earlier today updated its “Black List” of unauthorized Forex brokers targeting French investors. The regulator added five new names to the list: www.consorfx.com / Trading Technologies HK Ltd; www.equitycapitals.com / Equity Capitals Ltd; www.ifx4u.com / The Oklycapital Limited; www.imcbroker.com / Nordane Group Ltd; www.investocopy.com / Investocopy Ltd. Some of…

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…

December 14, 2015 BY Maria Nikolova

Italy's Consob warns against unauthorized Forex broker StoxMarket

Italy's financial markets regulator Consob has been quite active in issuing warnings against unauthorized Forex and binary options brokers targeting Italian investors. The latest addition to the Warning List is StoxMarket, operating though https://www.stoxmarket.com. The company is offering a variety of online trading services, including Forex trading on MT4. Its contact page provides addresses of…

December 04, 2015 BY Maria Nikolova

Swiss FINMA warns against investment firm Algo Banque

Switzerland's Financial Market Supervisory Authority (FINMA) has updated its Warning List of companies, with the latest addition being Algo Banque. Algo Banque, operating from https://www.algobanque.com, targets investors offering them a range of Forex trading and algorithmic trading services. The company claims on its website that its European office is located in Geneva, Switzerland. The inclusion…

December 03, 2015 BY Maria Nikolova

Japan's FSA issues warning against unauthorised investment firm GFB Capital

Japan's Financial Services Agency (FSA) has earlier today updated its Warning List of OTC derivatives trading services providers that are targeting Japanese clients but are not authorized to do so. The newest addition to the list is GFB Capital Limited, a company with an address in the UK. Its business is associated with brands like…

December 02, 2015 BY Maria Nikolova

Belize's IFSC warns against unauthorized Forex broker TradingBanks

Shortly after warning against unauthorized Forex broker Grizzly Limited, the International Financial Services Commission of Belize (IFSC) has issued another warning against an unlicensed company, offering Forex services. The IFSC warns that an entity calling itself “TradingBanks” claims to be a brand owned and operated by one of the companies licensed by the Belize financial…

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…

November 27, 2015 BY Maria Nikolova

Hong Kong regulator issues warning against Forex broker IQSFX

Hong Kong's Securities and Futures Commission (SFC) has updated its Alert List, with the latest additions including Forex brokerage IQSFX. The company, offering its services via www.iqsfx.com, provides an address in Hong Kong, which is incomplete, the watchdog says. Furthermore, the name of the company resembles that of IQS Financial Limited, a business entity which…

November 26, 2015 BY Maria Nikolova

UK's FCA warns against LondonFX – clone of Ikon Capital

The practice of corporate cloning - fraudsters using the details of authorized firms to convince people that they work for a genuine, authorized company, keeps gaining momentum in the Forex industry. One more piece of proof in this respect comes from the UK Financial Conduct Authority (FCA), which today published a warning regarding an unauthorized…

November 25, 2015 BY Maria Nikolova

UK regulator warns against Forex broker UTMarkets

The Financial Conduct Authority (FCA) keeps the list of warnings against unauthorized investment firms targeting UK investors growing. The UK regulator earlier today issued one more warning against such a firm – UTMarkets, aka United Trading Markets, operating via www.utmarkets.com. The company, offering Forex trading services, says its office is in Bulgaria and that it…

Tag: Forex warning