Polish
English
German
French
Portuguese
Italian
Czech
Slovak
Vietnamese
Polish
Beware of further Forex / CFD entities. Warnings from Germany, UK and France
Financial regulators from three European countries have expanded their warning lists to include more entities from the Forex / CFD industry. In total, the "blacklists" were extended by 7 new positions. Details below.
Quantum Forex Trade on the FCA list
British supervision warns consumers against Quantum Forex Trade. The company informs on its website about close cooperation with the regulated entity Fortrade Ltd .. In fact, this is not true, and QFT without using any consent uses the data of this entity and is not in any way associated with Fortrade. FCA calls this type of company "Clones".
MyChargeBack.com is an American company specializing in the recovery of funds extorted by unreliable companies and "scams" pretending to be honest Forex brokers, binary options brokers and cryptocurrency projects. If you've been scammed, there's a good chance that MyChargeBack.com will be able to help you!
Quantum Forex Trade data:
- Address: 4 Westferry Circus, Canary Wharf, Poplar, London, E14 4HD
- Web page: www.quantumforextrade.com
- Email: info@quantumforextrade.com
AMF warns brokers about 5
French regulator, AMF, added to the infamous 5 group of entities that are to provide intermediation services in the Forex / CFD market without the required licenses and licenses.
- www.ainvestments.com / Esos International Ltd / Kadeky International SRO
- www.ainvestments.biz / Esos International Ltd / Kadeky International SRO
- www.eastcapitalmarkets.com / MUU Group Limited
- www.londonemanagement.com / London Emanagement Ltd
- www.xstradepro.com / XS Investments
Germany warns against investing in "marijuana"
BaFIN, the German competent PFSA, placed an entity called Cannabis Wealth on the list of warnings. The company advertises itself as an intermediary in CFD trading from the rapidly gaining popularity industry - cannabis. The offer is aimed at German residents, and the website contains address details that… do not actually exist. Additionally, the website itself was registered without providing any personal data.
All this means that the activities of the Cannabis Wealth entity are highly suspect. Of course, it needless to say that the company itself does not have any licenses or permits that would authorize it to provide such services.
We warn against using the services of unlicensed companies. Before opening an account, always make sure that the broker has the appropriate regulations and permits from the indicated institution supervising the financial market.
