Spain’s CNMV Adds Forex Broker Banco CFD to its Warning List

[kreslik.news]

Comisión Nacional del Mercado de Valores (CNMV), Spain’s securities markets watchdog, today published a statement stating that it has added retail forex broker Banco CFD to its warning list and advised the public not to invest with this entity.

Not Authorised

Banco CFD offers investors a range of services in the forex and CFD markets. The company’s website www.bancocfd.com was found to be currently unavailable, although it has maintained a fairly recent Twitter presence. There is, however, no indication as to the brokerage’s current operational status.

Regardless, the CNMV has blacklisted the company because it is not authorised to provide investment ... (read more)