FSMA updated its list of unauthorised investment firms in Belgium 

The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium.

Below is the announcement of FSMA and its updated list:

As mentioned in these warnings, the providers/intermediaries/boiler rooms in question are not authorized investment firms or credit institutions in Belgium. They are therefore not allowed to provide banking and/or investment services in or from Belgium. Furthermore, they have not published, where applicable, a prospectus approved by the FSMA, as is required before any public offering of investment instruments may be made within the territory of Belgium.

It should be specified that at this stage, no offer of binary options fulfils the requirements of Belgian legislation.

As regards “recovery room”-type fraud, despite the promises made by the persons offering this service, the fees charged do not result in the victims recovering the lost funds, and the sums paid in the process by the client are thus also lost.

The list below comprises all providers of/intermediaries in binary options, forex products, CFDs and other derivatives, “recovery rooms” and boiler rooms that have been the subject of a warning published by the FSMA since 2013. It also names the holders of the bank accounts used by those companies. The names indicated in bold are those of the new companies added to the list following the latest set of published warnings and/or following new information received by the FSMA about companies that have already been the subject of a warning by the FSMA.

Please note that the fact that no warning has been published about a given company does not automatically mean that the latter company holds the authorization necessary to operate in Belgium. In spite of the FSMA’s efforts to publish warnings in a timely manner, it is not impossible that a company may be operating unlawfully even though no warning has been published. As a result, this list cannot be considered exhaustive, and investors are always advised to check if a company that is offering a financial service holds the requisite authorization by consulting the lists of persons authorized to provide regulated financial services, published on the FSMA’s website under the tab “financial service providers”.

 

10 Spheres Media Ltd		*
2M Venture Partners Limited		*
Abena Invest Ltd		*
Action Presta Services SL		***
Advanced Global Securities Corporation (AGS Corporation) (cloned firm)	www.advanceglobalcorp.com	**
AEG Financial	www.aegfinancial.com	**
AGFMarkets	www.agfmarkets.com	*
AJ Browder Capital		*
Alborg Trading Inc.		*
Al Global Impex Ltd		***
Algorates	www.algorates.com	*
AMF Capital Limited		*
Analysis Finance		*
Analyst Invest	www.analystinvest.com	*
Aoguan HongKong CO., Limited		**
Arian Financial (cloned firm)		**
Asia Pacific Ltd (cloned firm)		**
Assets Credit Union		**
Aston Forex	www.astonforex.com	*
Aston Invest Ltd		*
Aston Markets	www.astonmarkets.com	*
Axel Neumann (cloned firm)	www.axel-neumann.com	**
Ate Binary Limited		*
Axis Investment Group	www.axisinvestmentgroup.com	**
AXN Trading	www.axntrading.com	**
B.H.Global France   (B.H.G. France)		**
B.H.N.V. online Ltd		*
B.P.Y Technologies Ltd		*
BANK & BINARY	www.bankandbinary.com	*
Bank Of Market	www.bankofmarket.com	*
Bankandcapital	www.bankandcapital.com	*
BanqofBroker		*
Banque Centrale d’Europe	www.centralebankeurope.com	*
Banque Investissement	www.banque-investissement.com	*
BarclaysBroker	www.barclaysbroker.com	*
Bayside Financial Services	www.baysidefinancialservices.com	**
Belmont Financial Group	www.belmontfinancialgroup.com	**
BFBMarkets	www.bfbmarkets.com	*
B.F. Capital Ltd		*
BFM International Ltd		*
BfmMarkets	www.bfmmarkets.com	*
BforBroker	www.bforbroker.com	*
BFXOption	www.bfxoption.com	*
BH France		**
BHM26 Services Ltd		*
BHR Conseils		*
Binareo	www.binareo.com	*
Binaritrading	www.binaritrading.com	*
Binaroom	www.binaroom.com	*
Binary Forex Market VIP	www.bfmvip.com	*
Binary Stock Market Bank (BSMB)	www.binarystockmarket.com	*
Blue Fox Consulting Ltd		*
BNRMARKETS	www.bnrmarkets.com	*
Bo Bank	www.bo-bank.com	*
Boltin Limited		**
Bourke Ltd		**
BoursoMarket	www.boursomarket.com	*
Boursoratrade	www.boursoratrade.com	*
Brandt-Swift Associates	www.brandt-swift-associates.biz	**
Bridgestone Trading		**
Bright Sheen Limited		**
Brilliant Sheen Limited		**
Broker International Bank	www.brokerinternationalbank.com	*
Broker&Co	www.brokerandco.com	*
Burton Financial Partners		**
CapitalCourtage	www.capitalcourtage.com	*
Capital Hill Group		**
Capital Markets Ltd		*
Capital Precision Belgium		**
Cardell Co limited	www.cardell-limited.com	*
Cartius Finance		**
CCMGT Management Consultancy		**
CDH Investments		**
CEA Finance	www.ceafinance.net	*
CEDIE		***
Centrale Bank Europe	www.centralebankeurope.com	*
CFX Markets	www.cfxmarkets.com	*
Changsheng Associates		**
CIA.De Star Mega LDA		**
Cit Markets (Citmarkets)	www.citmarkets.com	*
Clewis Financial	www.clewisfinancial.com	**
CME Global Corporation		**
CO&H limited		*
COB Trading	www.cobtrading.com	*
Colbert Capital	www.colbertcap.com	*
Condor Capital Management	www.condorcapitalmgt.com	**
Consorfx	www.consorfx.com	*
Consortrade limited		*
Corolla Financial		**
Counting House Services Ltd		***
CT-Broker	www.ct-broker.com	*
Cunningham Mutual		**
CVCoption Ltd		*
Dalerich ltd		**
Dashan International	www.dashaninternational.com	**
Dealinpro	www.dealinpro.om	*
Deniver Limited		**
Deniver Limited		**
Denko Group		**
DeutscheMarkets	www.deutschemarkets.net	*
Direct Epargne		*
DNT Limited		*
Ebinaires	www.ebinaires.com	*
Edmund Rome Corporate		**
EF Investing	www.ef-investing.com	*
Eich Invest Ltd		*
Elantra Limited		**
Electro Discount SA		*
Equity Capitals		*
Euro Asia Invest		**
European Commodities Commission (ECC)	www.europeancommoditiescommission.com	**
E Trade Securities	www.etrade-securities.com	*
Eventus Alternatives Commercial Broker LLC		**
Excel Management		**
Experia Management Group	www.experia-group.com	**
Expert Data	www.expertdata.fr	***
Expert Finance	www.expert-finance.net	*
F247 Services Limited		*
F Financial	www.f-financial.net	*
F&C Investment		*
F&C Management Limited		*
Fi Options	www.fioptions.com	*
Fi-Corporation	www.fi-corporation.com	*
Fi Services		*
First Consulting SCS		*
Fonds d’investissement Liège 2015		*
Fife Hamilton Associates		**
Finance Academy	www.f-financial.net	*
Finance Academy Trading	www.financeacademytrading.com	*&***
Finance International	www.financial-international.net	*
Financial Advice	www.financial-advice.net	*
Financial Advisors Online		**
Financial Broker	www.financial-broker.com	*
Financial Futures	www.financialfutures.net	*
Financial International	www.financial-international.net	*
Financial Strategie	www.financial-strategie.com	*
Finanperf		*
FIPconseil		*
FISERVICES Ltd		*
Forex Club (Forex Club International Limited)	www.forexclub.biz	*
ForexTrada	www.forextrada.com	*
Fortune 2014 Ltd		*
Fortune Banque	www.fortunebanque.com	*
FSI Union	www.fsi-union.com	*
Ftradition	www.ftradition.com	*
Futurmarket		*
FX Capital Bank (FXCB)	www.fxcapitalbank.com	*
FXbanque	www.fxbanque.com	*
FXCB Capital Markets Limited		*
FXCB Limited		*
FXCM (FXCManagement) (cloned firm)	www.fxcmanagement.com	*&***
FXGL Capital	www.fxglcapital.com	*
FXNTrade	www.fxntrade.com	*
FXObank	www.fxobank.com	*
FXSEP	www.fxsep.com	*
G.A. and M.A. Solutions Limited		***
GCI	www.gcitrading.com	*
GCI Financial LLC	www.gcitrading.com	*
G.I. Technologies		*
G.O. LIMITED		*
GDPX Assets Ltd		*
Gemsasia Investments Corporation		**
General Options	www.generaloptions.co	*
Genkai Securities		**
Geyser Bank		*
GFS Limited		*
GFS Securities		*
Global Capital Ltd		*
Global Secure Ltd		*
Global Strategy Capital Markets Ltd	www.gscm-limited.com	**
Globstate Assets Holdings Limited		*
G.M. Marketing Group Limited	www.tradesolid.com	*
G.M. Software Solutions Limited		*
GMT Private Broker	www.gmtprivatebroker.com	*
GMTInvest	www.gmtinvest.com	*
Golden-Bank	www.golden-bank.com	*
Golden Promise Group Ltd		*
Good Option	www.good-option.com	*
Grandwic Ltd		**
Great Raise Ltd		**
Greenberg International Law & Tax Advisory		**
Green Seed Capital		**
Groupe Markets Ltd		*
H & G Publisher Ltd		*
Hampstead Worldwide Limited		**
Hamtron Ltd		**
Haussman Capital	www.haussmancapital.com	*
Hawk Trade	www.hawktrade.com	**
HCI Fund	www.hcifund.com	*
Hedge Funds Liège 2015	www.hedgefundsliege.com	*
Herrington Global	www.herrington-global.com	**
Highfrequency	www.highfrequency.trade	*
HSB Group Ltd		*
ICMarkets (Invest Capital Markets)	www.investcapitalmarkets.com	*
Idelson Group		*
Ikkotrader	www.ikkotrader.com	*
Insta-trading	www.insta-trading.com	*
Inter Global Equity	www.interglobalequity.com	**
Invest-Binary	www.invest-binary.com	*
IP International Service		*
IP Media and Co Ltd		*
Ixitrade	www.ixitrade.com	*
Jones Falls Securities		**
Jones Shaw Capital Partners	www.jonesshaw-capitalpartners.com	**
Justrader	www.justrader.com	*
Kalahouse Limited		*
KD Markets	www.kdmarkets.com	*
Kingsburg Inc Ltd		**
Lau Global Services Corporation	www.mxtrade.com	*
Leeden Limited		**
Legend Options	www.legendoptions.com	*
Leston Ltd		**
LIBServices ltd		*
Lilikol SA		*
LiveTrader	www.livetrader.eu	*
London Capital Group (cloned firm)
Manniworth Co Ltd	www.manniworth.com	**
Mann Morkes Inc.		*
Mascarene management		*
Maya Company Ltd		*
Mayfair Funds	www.mayfairfunds.com	*
Mercuria Technologies LTD		*
Mestoz Ltd		**
Meta Capital Partners Ltd		**
Metacapital option	www.metacapitaloption.com	*
MIA 29 Ltd		*
Moss Securities	www.mosssecurities.com	**
MPT Max		*
MT Capital Partners		*
Mutual Hope Ltd		**
MXTrade	www.mxtrade.com	*
Myfair 23		*
My Private Trade		*
Nakitrade	www.nakitrade.com	*
Neuberger and Co. Wealth Management	www.neuberger-wealth-management.com	**
Newcastle Distributors		**
Next Binary	www.nextbinary.com	*
NG-Bank	www.ng-bank.com	*
Norikura-Global	www.norikura-global.com et www.stemx.org	**
Norite Capital Ltd		**
NTD INVEST CORP LTD		*
OBinary Corporation	www.obinarycorporation.com	*
OBmarkets	www.obmarkets.com	*
Opteck	www.opteck.com	*
Option500	www.option500.com	*
Option Bank	www.option-bank.com	*
Option Pros	www.option-pros.com	*
Optionavigator	www.optionavigator.com	*
Option-Direct	www.option-direct.com	*
Optionsmarter	www.optionsmarter.com	*
Option Solution Group Limited		*
Option Solution Online Limited		*
OptionsXO	www.optionsxo.com	*
Peredic Limited		**
Peston & Sons Securities	www.peston-sons-securities.com	**
Plea (UK) Limited		*
POB Holdings Ltd		*
Prestige Banq	www.prestigebanq.com	*
Prestige Equity	www.prestigeequity.com	**
Prime FMS	www.primefms.com	*
Privilege Trading	www.privilegetrading.com	*
Pro-Binary	www.Pro-Binary.com	*
Pro-Nice Limited		**
Pro-Nice Ltd		**
Pulchira View Trading		**
Quantum Group Invest	www.quantum-groupinvest.com	*
RBOptions	www.rboptions.com	*
RB Secured Processing Ltd		*
Redford Option	www.redfordoption.com	*
Redington Limited		**
Redlane LTD		*
Redstart Navigator Ltd		*
Ridgewood Securities		**
Risk & Portfolio Management Ltd		**
Royal Broker	www.royal-broker.com	*
Royal de Bank	www.royaldebank.com	*
S&B Seven Ltd		*
Saito Mergers & Acquisitions	www.saitomergers.com	**
Scottoption	www.scottoption.com	*
Seattle Mercantile Exchange		**
Secure Invest	www.secureinvest.org	*
Secure Soft Service Ltd		*
SEP GLOBAL		*
Sep Society		*
September Investments Limited		*
Service Qualité des plateformes Boursières		*
Sequoia Markets		*
Shaily Global Option Ltd		*
Shinshiro International	www.shinshirointernational.com	**
SIA Europe Trade Services		*
Sigma Capital Advisors		**
Sisma Capital Ltd		*
Skyoptions		*
Soft Service Ltd		*
Software Solutions Limited		*
SQPB		*
Starbust Limited		*
STB		*
Stock Binary (cloned firm)	www.stock-binary.com	*
Swiss Investment (cloned firm)	www.investmentswiss.com	*
SwissPartners AG	www.swisspartners-ag.com	*
Taiwan Options and Futures Exchange		*
Tareno (cloned firm)		*
Taris Financial Corp.		*
Technopers	www.technopers.com	*
Telcom Services Ltd		*
Tenjin & Associates	www.tenjinassoc.com	**
The Associate & Trading Solution		*
Time Binary	www.timebinary.com	*
TJB Trading		*
Tradaxa	www.tradaxa.com	*
Tradaxa Venture Ltd		*
Trade Invest Group		*
trader 369		*
Tradesolid	www.tradesolid.com	*
Tradignition	www.tradignition.com	*
Trading Company		*
Trading Corporation		*
Trading Expertise		*
Trading Technologies Ltd	www.consorfx.com	*
Tradmaker	www.tradmaker.com	*
Trebol Trading LLC	www.tt-fx.us	*
Tricorp limited		**
Triumph Option	www.triumphoption.com	*
T.T.F		*
Ubinary	www.ubinary.com	*
Ultra Secure Group		*
United Global Trading		**
Valuewell Assets Ltd		**
Versailles Finances	www.versaillesfinances.com	*
Voth Nixon Group	www.vnxgroup.com	**
Wagner Berne (Matthew Goodman)		**
Warick Limited		**
Well Investments Ltd		*
White-Miller Associates	www.white-miller-associates.com	**
Williams Corporation Ltd		*
Wiltshire Capital		**
XFR Finance Ltd		*
XFRoptions	www.xfroptions.com	*
XP Markets	www.xpmarkets.com	*
YA&Co Capital limited		*
YJ Concept		*
Zeriten Limited		**
Zulutoys Ltd		*

 

* = companies offering binary options / forex products / CFD / other derivatives

** = boiler rooms

*** = recovery rooms

Source: FSMA

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