The Cyprus Securities and Exchange Commission announces that the authorisation of the Cyprus Investment Firm Stocks Forex Ltd, number 283/15, is suspended in whole. Stocks Forex Ltd operates the brands Forex4Group and Stocks Forex AF. The main reason for the license withdrawal was the non-compliance with some sections of the Regulated Markets Law. According toRead More
Category: Regulation
Austria’s FMA warns against Morgan Trust and ICTrades brokers
The Austrian Financial Market Authority (FMA) warns the public against the activities of two forex brokers Morgan Trust and ICTrades. These companies have been offering investments without complying with Austrian financial legislation. According to the official statements, Morgan Trust and ICTrades are not entitled to carry out banking transactions in Austria that require a licence.Read More