Tag: Japanese Forex regulation

April 01, 2016 BY Maria Nikolova

Forex Scam Watch – Japan's FSA warns against Sumo Forex

Japan’s Financial Services Agency (FSA) has earlier today updated its Warning List of investment companies soliciting Japanese clients without having any necessary permission from the authorities. Amid the latest additions is Sumo Forex Limited, a retail Forex broker providing its services via www.sumoforex.com. The company claims to have an address in New Zealand. The FSA…

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December 28, 2015 BY Maria Nikolova

Japan’s FSA issues warnings against three FX, binary options brokers

Japan’s Financial Services Agency (FSA) has updated its lists of unregistered entities that offer financial instruments services to Japanese investors. The latest additions to these lists are three – two Forex brokers and one binary options broker. Fox International Partners Ltd The company is also known as Fox Forex. It provides the following address: Global…

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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…

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