Tag: Unregulated Brokers

May 25, 2016 BY LeapRate Staff

FCA issues warning re unauthorized TRD Brokers and TRD Futures Group

UK financial regulator the FCA has issued a warning regarding retail forex, CFDs and futures brokers TRD Brokers Limited at trdbrokers.net, and TRD Futures Group at trdfutures.com. The website of TRD Futures claims that the company is indeed FCA regulated (see below), giving FCA registration number 493131. That number does exist in the FCA's registry,…

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September 23, 2015 BY LeapRate Staff

Canadian regulator OSC warns against Algo Capitals Limited

Canada’s leading securities regulator, the Ontario Securities Commission (OSC), has issued a warning against UK-based Algo Capitals Limited, operating as AlgoCapitals via website algocapitals.com. According to the OSC warning, AlgoCapitals is not registered in Ontario, Canada to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling…

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June 19, 2014 BY Mike Fox

CySEC Warning: Revokes CIF license from binary broker Cedar Finance

CySEC (Cyprus Securities and Exchange Commission) has dealt a blow to Cedar Finance, a binary option service provider. The official press release is below (translated from Greek to English as best as we can.) In previous announcements dated December 19, 2013 and February 21, 2014, the Commission announces that a meeting of dated June 16,…

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