Spain’s CNMV Warns Against Bforex, MXTrade and TitanTrade
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Spain’s CNMV Warns Against Bforex, MXTrade and TitanTrade
The Comision Nacional del Mercado de Valores (CNMV), the financial regulatory body of Spain, warned investors against being offered products and services from three unregistered companies that are illegally conducting financial services targeting the country’s residents.
The financial watchdog today updated its warning list by blacklisting Bforex Holding Group, the operator of the Bforex, FXGM, and numerous other forex brokerage brands. The Spanish regulator has banned its Bforex brand which is currently operating through the website www.bforex.com.
In the CNMV’s statement today, the watchdog pointed out that MXTrade is also not authorised to provide the investment services ... (read more)
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