Hong Kong’s SFC Warns Investors Against Forex Paradise

[kreslik.news]

Hong Kong’s Securities and Futures Commission (SFC) today updated its Alert List with the addition of another brokerage after it was found to be offering forex trading services to the public without being authorised to do so, according to a SFC statement.

Forex Paradise Limited is the latest company to come under scrutiny by the watchdog for promoting its trading services without a licence. The broker is operating from the site http://www.forexparadise.biz/, and lists its addresses at Hong Kong and London. However, the SFC said that the cloned firm is not located in Hong Kong although it is using the details ... (read more)