Home Forex Complains Page 2
Binance.com, an online exchange that offers consumers a range of financial products and services, including buying and trading a wide range of digital currencies as well as digital wallets, has announced it will stop offering currency pairs and options containing NOK in Norway, as well the maintenance of the website in Norwegian. Binance Group...
About two months after warning regarding Binance Markets Limited, the UK's Financial Conduct Authority (FCA) updated its opinion. A brief notice states that Binance has complied with all aspects of the requirements imposed by the FCA. In June, the FCA said Binance Markets Limited that is part of Binance Group is not allowed to carry out any...
The Swiss online trading company Dukascopy Bank has issued a warning about fraudulent websites that misuse the data of the regulated bank. The fake fraudulent clones are: www.dukascopys.com and wap.dukasap.com. Investors are advised not to trust the information provided by these websites.
The Dutch financial regulator De Nederlandsche Bank (DNB) has become another regulatory body that has joined the warnings about the cryptocurrency company Binance Holdings Limited. It announces that Binance provides crypto services in the Netherlands without the necessary legal registration with DNB. According to the regulator, Binance is not in compliance with the Anti-Money Laundering and Anti-Terrorist...
New Zealand's financial regulator, The Financial Markets Authority (FMA), has issued a warning about a forex trading information website called WTI Limited. The FMA said WTI Limited, which operates the website www.wti-hk.com, is most likely involved in a fraudulent scheme. The regulator added that WTI Limited used without permission the details of the website associated with Well...
The UK Financial Conduct Authority (FCA) warns that fraudsters use the details of the companies it authorizes to try to convince people that they are working for a genuine, authorized company. All companies and individuals engaged in financial services activities in the United Kingdom must be authorized or registered by the FCA. The clone of Interactive Brokers...
The Australian Securities and Investments Commission (ASIC) has revoked the license of Trade Wind Financial Services Pty Ltd., effective May 26, 2021. ASIC also banned the company's director Adam John Bevan for five years from providing financial services, controlling a financial services business, or performing any function in relation to carrying on a financial services business. Mr...
The US Securities and Exchange Commission (SEC) has taken legal action against a fraudulent binary options scheme that has resulted in losses of more than USD50 million. The regulator has filed a complaint against the people behind Porter Finance and Dalton Finance. Individuals have participated in a multimillion-dollar scheme to defraud retail investors in the United States...
Italy’s Companies and Exchange Commission (CONSOB) announced that it has ordered the blocking of access from Italian territory to three more unauthorized investment websites. They include: - Vibeinv Invest Limited (website www.vibeinv.com); - FXGBP Markets (website https://fxgbpmarkets.com); - Maxinvesto (website www.maxinvesto.com and related page https://secure.maxinvesto.com).
The UK Financial Conduct Authority (FCA) has imposed a GBP110,000 fine on the claims management company Crosfill & Archer Claims Limited. The fine is for making unsolicited calls (cold calling) to people who have registered not to receive this type of sales call, as well as for companies for which Crosfill & Archer Claims cannot prove that...