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:28 FX platforms and one crypto platform which are operating illegally were added in 2022. The list now adds hundreds of illegal platforms offering services with forex and crypto derivatives.
Two French financial market supervisors, the Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), issued a warning list on Tuesday, adding 20 unauthorized forex trading platforms.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
The latest blacklisted trading platforms are altofx.com/en, europatradecapital.com/fr/, en.brokeragea.com, en.foxane.com, en.xpoken.com, honorfx.com/en, tntroyal.com, www.axeprogroup.com, www.businessempire.fr, www.finanbelt.com/fr, www.mergers-capital.com, www.primeonline.trade/fr, www.profundseu.com, www.shares2win.com, www.swiss29.com, www.swissmarketfx.com, www.tradehorizon2.com/en, www.trade-horizon.com/fr, www.union-wallet.com, and www.xnvest.com.
Apart from unauthorized forex trading platforms, the list also includes other illegal derivatives service providers including cryptocurrencies , which are illegally operating in the country.
The regulators did not identify any unauthorized crypto trading platforms in the second quarter of the ongoing year. However, it added 28 forex trading platforms and one crypto trading platform to the blacklist since the beginning of 2022.
Hundreds of Blacklisted Platforms
The blacklist, which is available to the public to review, adds almost 300 unauthorized forex trading platforms in total and around 150 illegal crypto derivatives. It also includes hundreds of illegal binary optionsplatforms and unauthorized platforms offering other financial services.
The French regulator, however, pointed out that new unauthorized and illegal financial service platforms often spawn, thus often making its blacklist outdated. They advised traders to refer to the list of licensed platforms instead.
Meanwhile, other European regulators are also actively monitoring the market to weed out unauthorized platforms. The Cypriot financial market regulator recently flagged seven namesthat are offering counterparty trading services, mostly with forex and cryptocurrencies.
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.
The Italian regulator, CONSOB has issued a warning against five websites offering unauthorized financial services. This regulatory action aims to protect the public from fraudulent activities.
3 Days Left!
A recent allegation against STP Trading has cast doubt on the firm's business practices, highlighting the potential risks faced by retail traders in an increasingly crowded and competitive market.
Cross-border payments are now faster, cheaper, and simpler! Explore fintech, blockchain, and smart solutions to overcome costs, delays, and global payment hurdles.