BaFin warns against PrestigeFM, FCA against Live Crypto

Regulators from Germany and the UK have published new warnings against unregulated entities.

The German BaFin has place PrestigeFM on its black list. PrestigeFM is an infamous broker that is not respecting laws and is offering investment services without being regulated.

The BaFin ordered PrestigeFM to cease operations in Germany.

The British FCA has warned against Market Gate Coin / Live Crypto. The web of this service is currently offline, but it obviously is a cryptocurrency broker.

The FCA has noted the Live Crypto is using detail of another company, it is an illegal clone.

For trading use regulated brokers.

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