FSA warns against Titan Trade and 23 Traders

The Danish Financial Supervisory Authority (FSA) has warned against binary options brokers Titan Trade and 23 Traders.

Both Titan Trade and 23 Traders are unregulated brokers. Titan Trade is based in Belize and 23 Traders in St. Vincent and the Grenadines.

As these brokers are unregulated, they cannot provide their services in any country with a strong financial regulation (US, EU, Australia…)

Links: https://www.finanstilsynet.dk/en/Tilsyn/Advarsler%20mod%20ulovlig%20virksomhed/Advarsel-mod-titantrade

https://www.finanstilsynet.dk/en/Tilsyn/Advarsler%20mod%20ulovlig%20virksomhed/Advarsel-mod-23Trades

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