Belize’s Watchdog Sounds Alarm Over Several Unlicensed Brokers

[kreslik.news]

Belize’s financial watchdog (IFSC) today issued a string of warnings alerting investors of the recent spate of unregulated FX and binary options brokers.

The newly-blacklisted firms work differently across various industries, but generally some of them pretend to be registered with the agency or copy authorized firms’ branding and logo on their website.

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The watchdog warned users who had trusted the firms with their investments that they might not recover their deposits.

The IFSC agency has updated its blacklist to include the following brands:

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