Abstract:The Austrian financial regulator Finanzmarktaufsicht (FMA) has issued a warning about Best Stocks Trade, commonly known as Bstrade, which operates from the website bstrade.co.
The Austrian financial regulator Finanzmarktaufsicht (FMA) has issued a warning about Best Stocks Trade, commonly known as Bstrade, which operates from the website bstrade.co.
Here is the full article from FMA: https://www.fma.gv.at/en/bstrade-best-stocks-trade/
Best Stocks Trade looks to be an offshore broker based in St. Vincent and the Grenadines that provides trading in stocks and indices, CFDs, Forex, and commodities. The firm intends to target many European markets, especially English, Spanish, Italian, and German-speaking nations.
The Italian regulator Commissione Nazionale per le Società e la Borsa has put Bstrade.co and its operator Florishing Group LLC to its blacklist (CONSOB).
Here is the full article from CONSOB: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
According to the FMA, this supplier is not permitted to conduct financial transactions in Austria that need a license. As a result, the supplier is not able to trade commercially on its own or behalf of others.
You can check out more of Best Stocks Trade here: https://www.wikifx.com/en/dealer/1366792050.html
Stay tuned for more Forex regulatory news.
In recent years, the Middle East has emerged as a dynamic Forex trading hub, fueled by the region's growing economy, technological advancements, and increasing investor sophistication. This article explores the legality of Forex trading in key Middle Eastern countries.
According to the SEC’s complaint, filed on September 27, 2024, in the U.S. District Court for the District of New Jersey, Westbrook engaged in this activity between January 2019 and August 2020.
eToro strengthens its Australian market presence with the $80M AUD acquisition of Spaceship, expanding its long-term savings and superannuation offerings.
OANDA Japan Inc., a subsidiary of the global online broker OANDA Corporation, has announced the termination of its Tokyo Server MT4 Discretionary Plan. The broker has notified its clients that the plan will no longer be available after December 13, 2024, marking a shift in the company's services for clients using the MetaTrader 4 (MT4) platform in Japan.