ASIC Issues Warning Against Estonian MT4 Brokerage Trade12

[kreslik.news]

The Australian Securities and Investments Commission (ASIC) has issued a warning on its website regarding Trade12. ASIC stated that the company has been running its operation without the required Australian Credit license or an Australian Financial Services (AFS) license.

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Trade12 is said to have sent out emails regarding online trading and making unsolicited phone calls to clients in Australia regarding credit and loans, and giving financial advice without being authorized to do so. ASIC has alerted Australian citizens due to concern that the company might be a ... (read more)