June 23, 2015 BY Maria Nikolova
FCA warns about unauthorized Forex broker NewTradeFX
The company is targeting UK clients but has no permission from the UK authorities to do so, says the Financial Conduct Authority.
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May 25, 2015 BY Maria Nikolova
Italy's Consob warns of unauthorized FX broker Bank Investment Capital/GME
Italy's financial regulator says the company is not authorized to provide its services to Italian investors.
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May 07, 2015 BY Maria Nikolova
France's AMF blacklists 70 unauthorized Forex brokers
France's vigilant financial regulator has added five new entries to its “Black list” of companies offering Forex services to French customers without having the proper license.
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April 15, 2015 BY Maria Nikolova
BCSC warns of unauthorized Forex firm Eco Money Broker
The British Columbia Securities Commission (BCSC) has issued a warning against dealing with unauthorized Forex trading firm Eco Money Broker (EMB). The announcement from the watchdog, dated April 14, 2015, said the broker does not have the necessary licenses to offer investment services in British Columbia. In the face of that, EMB has advertised its…
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March 27, 2015 BY Maria Nikolova
Russia's CRFIN blacklists Forex investment project Trade Union
Russia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), the country's Forex self-regulatory organization has just enlarged its “Black List” of fraudulent companies. The latest addition is Trade Union, a business entity offering Forex investment services via https://trade-union.org/index.php. CRFIN has included the company in its “Black List” because: The company promises artificially high…
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March 27, 2015 BY Maria Nikolova
ASIC issues caution regarding unauthorized Forex broker Grandegoldens
The Australian Securities and Investments Commission (ASIC) today showed once again that it is keeping tight control over the retail Forex industry in the country. The watchdog has issued a public warning, notifying investors that Forex broker Grandegoldens Pty Ltd does not have the necessary Australian Financial Services licence to operate in Australia. The company…
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March 25, 2015 BY Maria Nikolova
FCA issues warning regarding unauthorized FX broker GMT Markets
The Financial Conduct Authority (FCA) has earlier today issued a warning regarding unauthorized Forex broker GMT Markets Limited. The company, which offers its services via www.gmtmarkets.com, gives two contact addresses in the UK: 1) Universal house, 88-94 Wentworth st. London, E17SA, UK; and 2) Hackwood Building, 14 Hackwood Street, Robertsbridge, East Sussex, TN32 5ER. At…
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March 10, 2015 BY Maria Nikolova
Italy's Consob warns of unauthorized brokers Fie World Finance, Bloombex
Italy's securities market regulator Consob on Monday issued warnings against Forex broker Fie World Finance Ltd and binary options broker Bloombex. The regulator is concerned that both companies try to lure Italian residents as their clients without having the adequate permission from the authorities. Consob notes that Fie World Finance Ltd is not authorised to…
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