MFSA warns that Alphacmarkets falsely stating that is licensed by the Malta Financial Services Authority
The Malta Financial Services Authority (MFSA) has issued a warning to inform investors and public regarding Alphacmarkets Europe.
According to MFSA, the Authority has become aware of the website http://alphacmarkets.com/single_new/en/404?Why%20Trade%20with%20alphacmarkets which is falsely stating that Alphacmarkets Europe is licensed by the MFSA. This entity is also misleading the public by using the trade name of a legitimate authorised company by the UK Financial Conduct Authority.
The MFSA therefore alerts the public, in Malta and abroad, to refrain from undertaking any business or transactions with the above-mentioned entity.
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator.
Source: MFSA – MFSA WARNING 04-2016
