• CySEC has suspended Prior Capital Cy Ltd license

    The Cyprus Securities and Exchange Commission announces that the authorisation of the Cyprus Investment Firm Prior Capital Cy Ltd, number 221/13, is suspended in whole. Prior Capital Cy Ltd operates the brands PriorFX and Prior Capital. The main reason for the license withdrawal was the regulator’s suspicions of alleged rules violations and the company’s possible...

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  • Italian CONSOB has banned RoyalBanc and Finantik brokers

    Italy’s financial markets and services provider regulator CONSOB has updated its list of forex brokers who are not licensed to operate in Italy. RoyalBanc and Finantik happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country. Commissione Nazionale per le...

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  • Financial Options AFS licence has been cancelled by ASIC

    ASIC has cancelled the Australian Financial Services (AFS) licence of Financial Options Pty Ltd (Financial Options) and also has permanently banned Queensland-based financial adviser Mr. William John Henry Houwing from providing financial services. Previously, in August 2019 we talked about the suspension of the company’s license. Mr. Houwing, of Esk, was a director and authorised...

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  • CySEC has warned against Calibur and IcFxMarkets brokers

    The Cyprus Securities and Exchange Commission issued a warning with regard to Calibur and IcFxMarkets. According to the official statement, these websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities.  The Cyprus Securities and Exchange Commission, known as CySEC...

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  • Austria’s FMA has warned against Swissinv24 and FX NextGen

    The Austrian Financial Market Authority (FMA) warns the public against the activities of two forex brokers Swissinv24 and FX NextGen. These companies have been offering investments without complying with Austrian financial legislation. According to the official statements, these brokers are not entitled to carry out banking transactions in Austria that require a licence. The Austrian...

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  • New Zealand’s FMA warns against SL Markets and Vowfx brokers

    The Financial Markets Authority (FMA) of New Zealand, the government agency responsible for financial regulation, have issued warnings against SL Markets and Vowfx brokers. The regulator states the companies are not registered, licensed, or regulated in New Zealand and are not registered on the FSPR.  The Financial Markets Authority (FMA) plays a critical role in...

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  • Italy’s regulator CONSOB warns against FTE FX and RMT500

    Italy’s financial markets and services provider regulator CONSOB has updated its list of forex brokers who are not licensed to operate in Italy. FTE FX and RMT500 are happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country. Commissione Nazionale...

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  • Spanish CNMV warns of WiseFunds and Just Perfect Markets

    Spain’s financial markets and services regulator CNMV has issued warnings against two forex brokers WiseFunds and Just Perfect Markets. According to the public warning notices, these entities are 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)...

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  • FMA of Austria warned against Prestige Financial Markets and FX Crypto Club

    The Austrian Financial Market Authority (FMA) warns the public against the activities of two forex brokers Prestige Financial Markets and FX Crypto Club. These companies have been offering investments without complying with Austrian financial legislation. According to the official statements, these brokers are not entitled to carry out banking transactions in Austria that require a...

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  • Traderzmarket and GCE Capitals blacklisted by the FCA

    The UK’s Financial Conduct Authority (FCA) has issued warnings against Traderzmarket and GCE Capitals. The regulator said the brokers have been providing financial services and products targeting people in the UK without being licensed. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government,...

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