• Spain’s CNMV warns against a forex broker KayaFX

    Spain’s financial markets regulator, CNMV, has warned of Forex broker KayaFX. According to the official notice on CNMV’s website, this entity is not registered in the corresponding registry of the commission and, therefore, are not authorized to provide investment services. The National Securities Market Commission (often abbreviated as CNMV) is the Spanish government agency responsible...

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  • FCA has issued a warning against Forex broker PTBanc

    UK’s Financial Conduct Authority added another Forex broker to its warning list. According to the regulator, PTBanc has been offering, promoting or selling financial services or products in the UK without its authorization. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and...

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  • CySEC withdraws GS Sharestocks Ltd’s CIF license

    The Cyprus Securities and Exchange Commission has announced that, on its meeting of 4th March 2019, has decided, pursuant of the Investment Services and Activities and Regulated Markets Law of 2017, to withdraw the Cyprus Investment Firm authorisation of GS Sharestocks Ltd., due to the Company’s decision to expressly renounce it. GS Sharestocks LTD. operates...

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  • German BaFIN warns against unregulated broker XtraderFX

    The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has ordered XtraderFX to cease offering cross-border investment advice and proprietary trading to German investors. According to the official warning, the company has been calling German customers from German and British phone numbers and has been offering them CFDs on cryptocurrencies, currencies, commodities, indices and...

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  • Austria’s FMA has issued a warning against HybridReserve

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

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  • Austria’s FMA has issued a warning against Profit Trade

    The Austrian regulator FMA (Financial Market Authority) has issued a warning against Forex and CFD broker Profit Trade. The brokerage firm was offering financial products and services to Austrian residents without being authorized in the country. The Austrian Financial Market Authority (FMA) is an independent, autonomous and integrated authority for the Austrian financial market. The...

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  • Spain’s CNMV warns of unregulated forex broker FXNobels

    Spain’s financial markets regulator, CNMV, has warned of Forex broker FXNobels. According to the official notice on CNMV’s website, this entity is not registered in the corresponding registry of the commission and, therefore, are not authorized to provide investment services. The National Securities Market Commission (often abbreviated as CNMV) is the Spanish government agency responsible...

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  • Belgian FSMA warns against unregulated broker PBN Capital

    The Financial Services and Markets Authority (FSMA) warns the public against the activities of PBN Capital a company that offers investments without complying with Belgian financial legislation. According to the official statement, PBN Capital (Capital Tech Ltd / Pbox Ltd) is not allowed to provide banking and/or investment services in or from Belgium. The Financial...

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  • FCA has added Brokerz firm to its warning list

    Among the latest issued warnings of the UK’s Financial Conduct Authority (FCA) is the one against an unregulated financial services provider – company Brokerz that appears to target UK residents. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by...

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  • The Central Bank of Ireland warns against Capital Hall

    The Central Bank of Ireland (CBI), which also serves as a financial services supervisor, issued a warning against Capital Hall. According to CBI’s official notice, this forex and CFD broker has been offering financial services and/or investment advice to the Irish investors without being authorised.The Central Bank of Ireland (Irish: Banc Ceannais na hÉireann) is...

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