UK’s financial markets and services provider regulator FCA, has issued a warning against the forex broker Prime CFDs

According to the notice, the broker is providing services in the UK without the proper authorization. What is more, it seems Prime CFDs is a scam indeed. According to customer complaints, clients cannot withdraw their funds (which is often the case with scam brokers) and that they are constantly pressured by the company to deposit more funds.

Italy’s financial markets and service providers regulator CONSOB announced it has issued cease orders against several forex and binary options brokers that are operating in violation of Italian law.
According to the publication, the brokers Iforex24 (owned by Iforex24 Ltd), Toroption (Smart Choice Zone Lp and Titanium Tech Solutions Limited), XLRTrade (Nostro Technology Ltd) and Tradex1 (Black Parrot Limited - Blonde Bear Ou) must cease their operation in Italy and attracting Italian clients

Switzerland’s financial markets and services regulator FINMA has issued a warning against the forex broker ProfitTrade24.
The broker claims it is “authorized and regulated by the Financial Regulation Authority (FCA). FCA is the leading independent non-governmental organization with legal powers under the UK Financial Services and Markets Act 2000.” First off, “FCA” stands for “Financial Conduct Authority” and secondly, our check revealed that ProfitTrade24 is most definitely not in FCA’s Financial Services Register.

K’s Financial Conduct Authority (FCA) has issued a warning that the forex broker SolidCFD , which is not licensed to offer its services in the country, but has been targeting local investors.
The company provides an address in the UK it is actually registered offshore, in Vanuatu. There have also been numerous complaints from clients about the company scamming them.

Belize’s financial services regulator, the International Financial Services Commission (IFSC) has warned that the forex broker FX Broker Pro is not licensed, nor regulated by it.

According to the commission, FX Broker Pro is showing a fraudulent IFSC license number, and may operate in breach of the IFSC act and other laws of Belize. The commission further warns that those who invest with FX Broker Pro and other unregulated brokers, do so at their own risk.

mlawson71 wrote: Wed Mar 21, 2018 2:38 am Belize’s financial services regulator, the International Financial Services Commission (IFSC) has warned that the forex broker FX Broker Pro is not licensed, nor regulated by it.

According to the commission, FX Broker Pro is showing a fraudulent IFSC license number, and may operate in breach of the IFSC act and other laws of Belize. The commission further warns that those who invest with FX Broker Pro and other unregulated brokers, do so at their own risk.

Good info bro thanks for the post.

Hong Kong’s Securities and Futures Commission (SFC) has issued a warning against the forex brokers IMS FX and TechoFX. Both are claiming to have addresses in Hong Kong, but the former’s claim is false, while the address of the latter belongs to a secretarial company. Worse still, they are making false regulation claims.

UK’s Financial Conduct Authority (FCA) has warned that the company Tradeplus Solutions is offering financial services to UK clients without the necessary authorization and that it may be a scam.

According to the FCA the company has an address in Bucharest, Romania and in UK. The company itself claims it is owned by Redfield Markets ltd, with the same UK address as that of Tradeplus Solutions. Usually such changes of company and brand names are an almost certain sign that this is a scam, trying to rip off unsuspecting clients. And last but not least there are client complaints claiming the company is refusing withdrawals.

UK’s Financial Conduct Authority (FCA) published a warning against forex brokerage BECFD. According to FCA, the broker has been targeting UK without their authorization.
The broker sounds very shady. It is owned and operated by a company registered on the Marshall Islands and there are numerous client complaints against them for not allowing withdrawals.

There was a long time ago when I was wondering why the people opens accounts with not regulated brokers with shining and attracting advertising with may free gifts and on later stage the same people started crying, because either they have been mislead and cannot withdrawal their funds or they have been "rubbery" by brokers. In fact the reason is simple - just those people did not have any or very small knowledge's. Knowledge's about how the regulating authorities could protect their interest and there is nothing as a free gift - except smiles