Regulators warn against six new unregulated services

Authorities from Germany and the United Kingdom have published alerts about brokers that don’t respect the laws.

The FCA from the UK and the BaFin from Germany have warned against the following Forex and cryptocurrency brokers.

These companies offer investment services, but are not regulated, they have no authorization. This means, among other things, that deposits are not protected with them.

  • CFFDbank
  • MarketGBP
  • Capital Traders
  • FXtrade777
  • Bitprofiting
  • Bitcoin FX Option / BitFXmarket

For trading use regulated brokers only.