Brokers regulation ...

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Re: Brokers regulation ...

Certainly. It's important to always check with a regulator whether the broker we want to work with is legitimate and trustworthy.

Re: Brokers regulation ...

Bulgarian court ordered access to 40 investment sites to be blocked after the Financial Supervision Commission (FSC) alerted that they offer investment services in the country without being authorized.

These websites offer trading in forex, CFDs or binary options. Binary options are currently banned in all EU and the EEA, while forex and CFD providers in Bulgaria have to be licensed by the FSC or similar authority in another EU Member State. According to the Bulgarian Financial Watchdog, however, most of these websites are owned and operated by foreign companies, registered in offshore zones.

A complete list of the blacklisted companies.

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