简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The Financial Sector Conduct Authority (FSCA) advises the public to exercise caution when dealing with Global TradeATF/Bayline Trading Ltd in any financial services transaction (Global TradeATF). This company is suspected of giving unlicensed financial advice and acting as a middleman.
The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when doing any financial services business with Global TradeATF/Bayline Trading Ltd (Global TradeATF). This entity is suspected of providing unauthorised financial advice and intermediary services.
These financial services include those defined and contemplated in the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act).
Having received information from members of the public, the FSCA found the following information on the entity. Global TradeATF is operated by Bayline Global World Ltd – a United Kingdom (UK) based entity while Bayline Trading is situated in Belize. Additionally, Global TradeATFs website creates the impression that Global TradeATF provides foreign exchange (forex) trading platforms for clients to trade in Contracts for Difference (CFDs). The FSCA would like to confirm that Global TradeATF, Bayline Trading and Bayline Global World Ltd are not authorised by the FSCA as a financial services provider (FSP).
The FSCA advises extreme caution to public and warns that none of these entities or individuals representing them are regulated by the Authority.
Members of the public should always ensure that an entity or individual is registered with the FSCA to provide Financial Advisory & Intermediary Services and what category of advice it is that the entity is registered to provide. The FSCA reminds customers who wish to conduct financial services with an institution or person to check beforehand with the FSCA on either the toll free number (0800 110 443) or on https://www.fsca.co.za/Fais/Search_FSP.htm whether such institution or person is authorised to render financial services.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Foreign investors pulled $312M from the Philippines in April, a rise from March's $236M, says BSP. However, net inflows were seen over the first four months.
The foreign exchange market, commonly known as forex, stands as the world's largest financial arena, boasting daily trading volumes in the trillions of dollars. For those eager to capitalize on currency fluctuations, entering this dynamic yet intricate market necessitates the guidance of a skilled intermediary: the forex broker.
SWIFT EARNERS has emerged as a controversial and highly dubious player. Despite its claims of being a reliable broker with a base in the United States and additional operations in Thailand, the experiences of numerous victims tell a different story. A particularly harrowing account comes from a South African victim who has found himself ensnared in what appears to be a well-orchestrated scam.
When searching for "RIF-CAPITAL" in WikiFX, we found that we have not yet confirmed its valid license information. WikiFX has received eight complaints against the trader in the past three months.