Bulgarian Regulator FSC Warns Against UTMarkets

[kreslik.news]

The financial markets watchdog in Bulgaria, the Financial Supervision Commission (FSC), today warned investors that UTMarkets and its subsidiaries are not entitled to provide investment services or conduct investment activity in the country due to the lack of regulatory permissions.

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The suspicious company can be found under the web address http://www.utmarkets.com, and it operates several brands including CFD Global Ltd, STP Marketing Ltd and T-Marketing Ltd, which are also providing financial services or products without a regulatory licence.

A brief review of the broker’s website reveals that UT Markets claims ... (read more)