FSMA in Belgium unveils its Forex and Binary Options blacklist

To evolve serenely and safely in the world of binary options, investors must be very careful in choosing the online broker with whom they will conduct their transactions, whether they are forex or binary options. For those who do, traders should be vigilant before registering and speculating on a platform. It is in their best interest to select the most reliable sites. In this context, they can rely on the black lists revealed by the competent bodies.

On the Belgian side, the FSMA or Autorité des services et marchés financiers is responsible for publishing the names of brokers whose names it is better to be wary of. In particular, the list was updated at the beginning of October 2015.

The black list of online brokers

In Belgium, the Autorité des services et marchés financiers is in charge of disclosing the black list of online brokers to be wary of. This document reveals the names of financial intermediaries who do not justify the authorisation to operate in Belgian territory. It can be compared to the black list of the AMF (Autorité des Marchés Financiers in France) which also regularly reveals sites not recommended to French traders.

belgian regulator fsma blacklist

However, the list shared by the FSMA shows a small difference: it does not only include Forex traders and binary options, but also investment firms, financial firms and banks. It should also be noted that the majority of these entities are simply scammersas is too often found in the world of financial investments.

A brief reminder about the FSMA

The Autorité des services et marchés financiers is responsible for monitoring financial markets, ensuring that operators have integrity and that consumers are not harmed. It should be recalled that a permanent control is being set up in Belgium in order to maintain market stability, but also to preserve investor confidence. Transparency, fairness, honesty, security and professionalism are the key words.

In practice, supervision is carried out by two entities: the FSMA on the one hand and the National Bank of Belgium on the other. For its part, the FSMA closely monitors the financial markets and listed companies. In addition, its role is to supervise certain financial institutions and grant authorisations. This institution ensures that financial intermediaries comply with the guidelines. At the same time, it contributes to the sound financial education of individuals operating in financial markets.

The FMSA blacklist of October 2015

Before giving you a list in alphabetical order of the financial operators to avoid, it should be noted that these are also not recommended in France. Below are the companies to avoid:

– Abena Invest Ltd
– AGFMarkets
– AJ Browder Capital
– Al Global Impex Ltd
– Algorates
– AMF Capital Limited
– Analysis Finance
– Analyst Invest
– Arian Financial (cloned firm)
– Asia Pacific Ltd (cloned firm)
– Assets Credit Union
– Aston Forex
– Aston Markets
– Axel Neumann (cloned firm)
– Ate Binary Limited
– Axis Investment Group
– AXN Trading
– B.H.Global France (B.H.G. France)
– B.H.N.N.V. online Ltd
– B.P.Y Technologies Ltd
– BANK & BINARY –
Bank Of Market –
Bankandcapital –
BanqofBroker – Central
Bank of Europe –
BarclaysBroker –
BFBMarkets –
B.F. Capital Ltd
– BFM International Ltd
– BfmMarkets
– BforBroker
– BFXOption
– BH France
– BHM26 Services Ltd
– BHR Conseils
– Binareo
– Binaritrading
– Binaroom
– Binary Forex Market VIP
– Binary Stock Market Bank (BSMB)
– Blue Fox Consulting Ltd
– BNRMARKETS
– Bo Bank
– Bourke Ltd
– BoursoMarket
– Boursoratrade
– Brandt-Swift Associates
– Bridgestone Trading
– Bright Sheen Limited
– Broker International Bank
– Broker&Co
– Burton Financial Partners
– Capital Hill Group
– Capital Markets Ltd
– Cardell Co limited
– Cartius Finance
– CDH Investments
– CEA Finance
– Centrale Bank Europe
– CFX Markets
– Changsheng Associates
– Cit Markets (Citmarkets)
– CO&H limited
– COB Trading
– Colbert Capital
– Consortrade limited
– Corolla Financial
– CT-Broker
– Dalerich ltd
– Dashan International
– Dealinpro
– Deniver Limited
– Denko Group
– DeutscheMarkets
– Direct Epargne
– DNT Limited
– Ebinaires
– Edmund Rome Corporate
– EF Investing
– Elantra Limited
– Equity Capitals
– Euro Asia Invest
– European Commodities Commission (ECC)
– Eventus Alternatives Commercial Broker LLC
– Excel Management
– Experia Management Group
– Expert Data
– Expert Finance

– F&C Investment
– F&EC Management Limited
– Fi Options
– Fi-Corporation
– Fi Services
– Fife Hamilton Associates
– Finance Academy
– Finance Academy – Finance Academy Trading
– Finance International
– Financial Advice
– Financial Advisors Online
– Financial Broker
– Financial Futures
– Financial International
– Financial Strategy
– Finanperf
– FIPconseil
– FISERVICES Ltd
– Forex Club (Forex Club International Limited)
– ForexTrada
– Fortune 2014 Ltd
– Fortune Bank
– FSI Union
– Ftradition
– Futurmarket
– FX Capital Bank (FXCB)
– FXbanque
– FXCB Capital Markets Limited
– FXCB Limited
– FXCM (cloned firm)
– FXGL Capital
– FXNTrade
– FXObank
– G.A. and M.A. Solutions Limited
– G.I. Technologies
– G.O. LIMITED
– GDPX Assets Ltd
– Gemsasia Investments Corporation
– General Options
– Genkai Securities
– Geyser Bank
– GFS Limited
– GFS Securities
– Global Secure Ltd
– Global Strategy Capital Markets Ltd
– Globstate Assets Holdings Limited
– GMT Private Broker
– GMTInvest
– Golden-Bank
– Good Option
– Grandwic Ltd
– Great Raise Ltd
– Greenberg International Law & Tax Advisory
– Green Seed Capital
– Groupe Markets Ltd
– Hampstead Worldwide Limited
– Hamtron Ltd
– Haussman Capital
– Hawk Trade
– HCI Fund
– Herrington Global
– Highfrequency
– HSB Group Ltd
– ICMarkets (Invest Capital Markets)
– Idelson Group
– Ikkotrader
– Insta-trading
– Inter Global Equity
– Invest-Binary
– IP International Service
– Ixitrade
– Jones Falls Securities
– Jones Shaw Capital Partners
– Justrader
– Kalahouse Limited
– KD Markets
– Kingsburg Inc Ltd
– Leeden Limited
– Legend Options
– Leston Ltd
– LIBServices ltd
– LiveTrader
– London Capital Group (cloned firm)
– Mascarene management
– Maya Company Ltd
– Mayfair Funds
– Mercuria Technologies LTD
– Mestoz Ltd
– Meta Capital Partners Ltd
– Metacapital option
– MIA 29 Ltd
– Moss Securities
– MPT Max
– MT Capital Partners
– Mutual Hope Ltd
– Myfair 23
– My Private Trade
– Nakitrade
– Neuberger and Co. Wealth Management
– Newcastle Distributors
– Next Binary
– Norikura-Global
– Norite Capital Ltd
– NTD INVEST CORP LTD
– OBinary Corporation
– OBmarkets
– Opteck
– Option Bank
– Option Pros
– Optionavigator
– Option-Direct
– Optionsmarter
– OptionsXO
– Peredic Limited
– Peston & Sons Securities
– Plea (UK) Limited
– Prestige Banq
– Prime FMS
– Privilege Trading
– Pro-Binary
– Pro-Nice Ltd
– Pulchira View Trading
– Quantum Group Invest
– Redford Option
– Redington Limited
– Redlane LTD
– Redstart Navigator Ltd
– Ridgewood Securities
– Risk & Portfolio Management Ltd –
Royal Broker –
Royal de Bank –
S&B Seven Ltd – Saito
Mergers & Acquisitions
– Scottoption
– Seattle Mercantile Exchange
– Secure Invest
– Secure Soft Service Ltd
– Sep Society
– September Investments Limited
– Sequoia Markets
– Shaily Global Option Ltd
– SIA Europe Trade Services
– Sigma Capital Advisors
– Sisma Capital Ltd
– Skyoptions
– Soft Service Ltd
– Starbust Limited
– Taiwan Options and Futures Exchange
– Tareno (cloned firm)
– Technopers
– Telcom Services Ltd
– Time Binary
– TJB Trading
– Tradaxa
– Trade Invest Group
– trader 369
– Tradignition
– Trading Company
– Trading Corporation
– Trading Expertise
– Tradmaker
– Trebol Trading LLC
– Tricorp limited
– Triumph Option
– Ubinary
– United Global Trading
– Valuewell Assets Ltd
– Versailles Finances
– Wagner Bern (Matthew Goodman)
– Well Investments Ltd
– WhiteMiller Associates
– Williams Corporation Ltd
– Wiltshire Capital
– XFR Finance Ltd
– XFRoptions
– XP Markets
– YA&Co Capital limited
– YJ Concept
– Zeriten Limited