FCA bans Cypriot firms Hoch Capital, Magnum FX, Rodeler and F1 Markets from offering CFDs in the UK
FCA’s actions came as a response to insufficient information to the nature of the investments, some of the investors were pressured into making increasingly large investments in CFDs, which referenced bitcoin, foreign exchange, shares and indices. In some cases, investors were even encouraged to take out credit to make the payments. The firms also failed…
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