fma warns against unregulated company
December 01, 2016 BY Valentina Kirilova

Belize regulator IFSC warns on Floral Investment Ltd firm

The International Financial Services Commission of Belize (IFSC) has notified that an entity calling itself ‘Floral Investment Ltd.’ is falsely and fraudulently claiming to be an International Business Company (IBC) incorporated in Belize and to be licensed by the IFSC, stating to be registered at #7 New Road, Belize City, Belize, C.A. The Certificate of…

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October 31, 2016 BY Valentina Kirilova

MFSA warns on Tradingbanks false regulation claim

The Malta Financial Services Authority (MFSA) has become aware of the website https://www.tradingbanks.com/ which is falsely stating that tradingbanks is licensed by the MFSA. The MFSA alerts the public, in Malta and abroad, to refrain from undertaking any business or transactions with the above-mentioned entity. Many other regulators have already warned on tradingbanks, including South Africa’s…

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October 18, 2016 BY LeapRate Staff

Banc de Binary license revoked by Belize regulator IFSC

Belize financial regulator IFSC (International Financial Services Commission) has announced that BDB Services (Belize) Limited, the Belize subsidiary of binary options broker Banc de Binary, is no longer licensed by the IFSC due to non-compliance to some conditions, without giving further details. The IFSC put out the following warning notice on the matter, which can also be…

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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 30, 2016 BY LeapRate Staff

Belize’s IFSC issues warning against binary options broker YieldOptions for forged license

Belize financial regulator the International Financial Services Commission of Belize (IFSC) has issued a warning against binary options broker YieldOptions, owned and operated by HSBO Capital Ltd. According to the IFSC, YieldOptions is fraudulently claiming to hold a license for trading in financial and commodity-based derivative instruments and other securities, issued by the Samoa International Financial Authority. The Licence…

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June 14, 2016 BY Mike Fox

Belize financial regulator catches TRADE24 forging regulation

Another entity this week has been caught by Belize regulator the International Financial Services Commission of Belize (IFSC) forging and falsely representing regulation. Last week, a Forex EA claiming regulation was called out in a public warning. To begin this week it has come to the notice of the IFSC that an entity calling itself ‘TRADE24 Investments Ltd.’ is…

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June 13, 2016 BY Mike Fox

RoboForex increases margin requirements and limits trades for "Brexit"

The Belize IFSC regulated RoboForex division announced today limitations on leverage across, MT4, MT5 and cTrader platforms on GBP instruments, as well as "Close only" notifications for MT4, MT5. As traders know, the June 23rd 2016, UK referendum is approaching for "Brexit", on the country exiting the European Union (EU). Therefore, all currency pairs with the British…

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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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May 23, 2016 BY Mike Fox

Belize brokerage Axiory deploys Spotware's cTrader platform

We learned over the weekend that Axiory Global Ltd, an FX brokerage authorised and regulated by the IFSC (International Financial Services Commission) of Belize has brought aboard Spotware Systems cTrader platform. This platform announcement comes on the heels of the brokerage adding MT4 WebTrader from Fortex back in February. Axiory gears their brokerage towards professional traders looking for reliable technology…

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March 29, 2016 BY Maria Nikolova

Belize's financial watchdog issues warning against FX firm ATS Markets

The International Financial Services Commission of Belize (IFSC) has earlier today issued a warning against ATS Markets, a Forex firm falsely claiming to be regulated by the watchdog. The website of the FX firm in question, https://ats-markets.com/, says that “ATS Markets is a trading name of ATS Markets Global Ltd, registered in Belize”. The regulator…

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