The Austrian Financial Market Authority (FMA) warns the public against the activities of TopTradePro a company that offers investments without complying with Austrian financial legislation. According to the official statement, TopTradePro (Ideas in Motion Ltd.) is not entitled to carry out banking transactions in Austria that require a licence. The Austrian Financial Market Authority (FMA)...

The Austrian Financial Market Authority (FMA) warns the public against the activities of Swiss Investment Fx a company that offers investments without complying with Austrian financial legislation. According to the official statement, Swiss Investment Fx (Swiss Investment Corporation LTD.) is not entitled to carry out banking transactions in Austria that require a license. The Austrian...

The Cyprus Securities and Exchange Commission (‘CySEC’) issued an announcement-warning with regard to Smartoptionfx – a forex brokerage brand that is not authorized to provide investment services and/or perform investment activities in the country. The Cyprus Securities and Exchange Commission, known as CySEC (www.cysec.gov.cy), is the financial regulatory agency of Cyprus. As an EU member...

Spain’s financial markets and services regulator CNMV has issued a warning against Globalix. According to the public warning notice, Globalix is not authorized to provide investment services or investment advice and auxiliary services, including foreign currency transactions in Spain. The National Securities Market Commission (often abbreviated as CNMV) is the Spanish government agency responsible for...

ASIC has cancelled the Australian financial services (AFS) licence of Sydney-based Guarded Pty Ltd (Guarded) for failure to comply with financial services laws. The cancellation was effective from 27 May 2019. (Guarded Pty Ltd held AFS licence no 449837 since AFSL since 4 March 2014.) According to the official notice, Guarded failed to maintain competence...

Austria’s financial markets and services providers regulator FMA warned that the Forex and CFD broker Libra Markets is not licensed to offer its services in Austria. Therefore the acceptance of funds from other parties on a commercial basis for management purposes or as deposits is not allowed. The Austrian Financial Market Authority (FMA) is an...

The Australian Securities and Investments Commission (ASIC) has updated its blacklist to include GFCinvestment, which is also known as DARTALON LTD. The financial regulator was alerted to the firm after it made unsolicited calls or sent emails about investing, financial advice, credit or loans. The Australian Securities and Investments Commission (ASIC) is an independent Australian...

The Financial Conduct Authority (FCA), the UK financial regulator, has issued a warning about WorldFXM, an online entity claiming to provide forex trading. The broker has been providing its financial services to UK customers without being authorized in the country. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but...

Austria’s financial markets and services providers regulator FMA warned that the Forex and CFD broker BeAlgo is not licensed to offer its services in Austria. Therefore the acceptance of funds from other parties on a commercial basis for management purposes or as deposits is not allowed. The Austrian Financial Market Authority (FMA) is an independent,...

Italy’s financial markets and services provider regulator CONSOB (Commissione Nazionale per le Società e la Borsa) has updated its list of forex brokers who are not licensed to operate in Italy with one new addition – GoldFxTrading. This broker has been offering investment services and activities to the Italian public without being authorized in the...