Beware of Bristol Consulting FX and SME International

Regulators from Canada and New Zealand have warned about two Forex brokers.

The warning from Canada is about Bristol Consulting FX, which is a Forex broker based in Panama. It is not regulated, yet it is targeting residents from Canada (and presumably other countries).

The New Zealand FMA has warned against SME International, which is a broker that pretends to be regulated by the FMA, but it is not. In fact, it is not regulated at all.

We recommend using regulated brokers for trading.

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