Tag: Forex warning

November 23, 2015 BY Maria Nikolova

Italy's Consob adds more Forex, binary options brokers to Warning List

Italy's financial markets regulator Consob has earlier today updated its Warning List of companies that are not authorized to target Italian investors but nevertheless do so. The latest additions include a binary options broker, two Forex brokers and one social trading network. In particular: The website www.bestocopy.com is not authorized to offer any investment services…

Read more
November 16, 2015 BY Maria Nikolova

Belize's financial regulator warns against NewTradeFX

The International Financial Services Commission of Belize (IFSC) on Friday published a warning against Forex and CFD broker Financial Strategy Holdings Ltd., operating as New Trade FX (NewTradeFX) via newtradefx.com. The regulator wishes to inform investors that the business entity in question is not licensed by the International Financial Services Commission or any other competent…

Read more
November 12, 2015 BY Maria Nikolova

CySEC publishes warning against Noerus Capital

The Cyprus Securities and Exchange Commission (CySEC) earlier today published a warning against Forex broker Noerus Capital, operating the website www.noeruscapital.com. The Cypriot regulator notes that the company is not permitted to provide investment and ancillary services in Cyprus, pursuant to Investment Services and Activities and Regulated Markets Law, because it has never been authorized…

Read more
November 12, 2015 BY Maria Nikolova

FXOpen publishes warning against clones

“Corporate cloning” - a practice involving unauthorized businesses misusing the data of legitimate ones, has become widespread across the Forex industry. The latest Forex broker to be a target of this illicit practice is FXOpen. The broker has just published an announcement on its website against such abuse of the FXOpen® trademark, as well as…

Read more
November 09, 2015 BY Maria Nikolova

Italy's Consob adds more Forex, binary options firms to warning list

Italy's financial markets regulator Consob has earlier today published another set of warnings against investment businesses that are not authorized to target Italian residents but nevertheless do so. The latest additions to the warning list include: Worldwide Safe Investment Limited, Binaytion, Worldwide Security Investment Limited, Mtn Global Ltd, Mtn Worldwide Services Limited, Marshall Software Ltd,…

Read more
October 23, 2015 BY Maria Nikolova

Japan's FSA issues warning against Cypriot broker X Global Markets

It is not a rare occurrence for Japanese financial regulators to act against companies that are authorized in overseas jurisdictions, however lack the necessary regulation in Japan and target Japanese investors. X Global Markets Ltd, a Forex broker authorized as a Cyprus Investment Firm (CIF), has made it to the Warning List of Japan's Financial…

Read more
October 22, 2015 BY Maria Nikolova

UK's FCA warns against unauthorized Forex broker Sunbird FX

The Financial Conduct Authority (FCA), the UK regulator responsible for the oversight of investment firms offering their services in the country, today published a warning against Sunbird FX c/o Spring Empire Solutions Limited. The company, whose website states that it has an address in the UK, is not registered with the FCA, the regulator warns.…

Read more
October 19, 2015 BY Maria Nikolova

Italy's Consob warns against several FX, binary options brokers

Italy's financial markets watchdog Consob has lately been amid the most active regulators in terms of publishing warnings against investment companies that are not authorized to target Italian residents but nevertheless do so. The latest additions to the list of such unauthorized companies are: Groupe Markets Ltd; Fxcb Limited; Capital Markets limited; Fxcb Capital Markets…

Read more