Latest News
CBR FX Complaints Data Signals RU Market is Shrinking
The Central Bank of Russia (CBR), tasked with regulating and authorizing financial companies, including Forex brokers, has released data on complaints filed and processed with the Bank in 2019. In its analysis, the CBR indicated that it received a total [...]
Member Update: RoboMarkets Launches 500 European Equity CFDs
Financial Commission approved broker member, Robomarkets has launched a set of new Contracts for Difference (CFDs) for trading on European stocks. The products are available for trading on the R Trader platform, which is the multi-asset offering of the broker. [...]
FCA UK Sector Review Estimates Positive Impact of ESMA
The UK Financial Conduct Authority (FCA) has published its annual review of different financial markets for which it is responsible in a regulatory capacity to examine the risks faced by consumers in different sectors. This review is particularly important this [...]
Commission News
Financial Commission Announces RoyalCBank Membership Withdrawn
February 21st, 2020: The Financial Commission today announces that the membership status of RoyalCBank has ceased following a voluntary withdrawal. RoyalCBank had met its obligations as a Financial Commission member up until February 19th, 2020, when its membership was effectively [...]
Scam ALERT: Explicit FX Bit, Binary Option FX Trade, GlobalTrades-FX, Prime Trades, Prime Stocks, and Binary.com Added to Warning List
The Financial Commission has been notified by concerned traders regarding the companies and associated websites of Explicit FX Bit, Binary Option FX Trade, GlobalTrades-FX, Prime Trades, Prime Stocks, and Binary.com. Upon reviewing the submitted information from potential customers of these [...]
Financial Commission Appoints Vladimir Verbitskiy to its Dispute Resolution Committee
January 28th, 2020, The Financial Commission today announces the appointment of ex-CEO and Chairman of the Board of Alpari Group, Vladimir Verbitskiy to its Dispute Resolution Committee (DRC). Mr. Verbitskiy is the 25th industry expert to join the Financial Commission’s [...]
Regulatory Actions
UK FCA Issues New Warnings Against Clones of Authorized Firms
The UK financial markets regulator, Financial Conduct Authority (FCA) has issued a new warning to market participants highlighting unauthorized firms known to have been soliciting customers in the UK jurisdiction. In the new warnings, the FCA points out that several [...]
CySEC Issues Warning Against Several FX Firms
The Cyprus Securities and Exchange Commission has issued another warning regarding some unauthorized firms that have been soliciting customers on the island. The warning concerns the firms Naga Markets, CALIBER CAPITAL and IcFxMarkets, which also provide digital asset trading. The [...]
NZ Regulator Warns of Possible Scam SL Markets
The Financial Markets Authority of New Zealand (FMA) has issued a warning regarding a possible scam concerning the firm SL Markets, which also goes by the alias Super Lucky Prime and SL Prime. The scam looks to be illegally soliciting [...]