Austria’s Financial Market Authority (FMA) on Wednesday issued a public warning regarding investment company Daikyo Brokerage Limited.
The company, operating via www.daikyo-brokerage-limited.com, offers a variety of investment services, including trading in stocks and various derivatives. The “Contacts” section of Daikyo’s website says the broker is based in Japan.
The Austrian regulator notes that Daikyo Brokerage Limited is not not entitled to provide investment services in Austria requiring a licence. The provider is hence not entitled to provide investment advice in relation to financial instruments pursuant to Article 3 para. 2 no. 1 WAG 2007.
You can view the full text of the warning by clicking here.