FSMA Warns Against Unauthorized Trading

FSMA

The FSMA has cautioned about twelve online trading websites that may be deceptive.

FSMA

Recently, Belgium’s consumer watchdog has received complaints from consumers about fraudulent online trading platforms that are operating in the country without a license.

These platforms try to lure customers in by advertising on social media or streaming sites, typically featuring a popular figure claiming that they can help people get rich quickly.

Additionally, they have also been using dating apps and creating fake social media accounts to draw in more people.

These platforms are:

  • Asia Coinin
  • Binotrader
  • Buxberg
  • Cedar Financial
  • Central Margins
  • Coinclick
  • Coins Crossing
  • Coins Trades
  • GLE Markets
  • Globale-Invest
  • Grow Deposits
  • Itoro-Capital / ItoroStocks
  • Mega Markets
  • RXK Capital
  • STB Markets
  • Stocks Views
  • Thinvest
  • Ulian Pro
  • Webull Investing
  • Wilton Option
  • Xpoken

Read more: Merrill Lynch to Pay for Forex Fees | Brokers Times

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