Reviews & Ratings | FinTelegram News

Category: Reviews & Ratings

October 16, 2022

cTrader Founder Andrey Pavlov, His CySEC-Regulated Broker TopFX, And Some Offshore Activities!

Fondex a/k/a TopFX are broker brands operated by the CySEC-regulated investment firm TopFX Ltd. Besides, the broker scheme also works with an offshore broker that also recruits and registers consumers in the EEA countries. The offshore mutation of TopFX is operated through TopFX Global Limited in Seychelles, which is registered as a securities dealer with the FSA Seychelles. The offshore mutation also offers EEA residents leverage up to 1:500. The scheme is controlled by cTrader founder Andrey Pavlov.

April 22, 2022

Urgent warning! Stay away from the Perfect Money Credit Exchange!

We have already brought several reports about the mysterious Russian shadow banking scheme, Perfect Money. No one knows who the beneficial owners are and their relationship with the political establishment in Russia. Due to the sanctions imposed by the Western allies against the Russian financial system, Perfect Money is likely to benefit. We know that many scammers and illicit businesses use Perfect Money. We have tested the PM Credit Exchange and found that mainly scammers take loans there and do not repay without any sanctions. Stay away.

September 6, 2021

Initial review of funded trading provider BluFX

BluFX is an unregulated venture offering traders funded accounts on a subscription basis and calls its offer revolutionary. Starting with GBP 99 p.m., one allegedly receives a funded trading account. The UK-registered companies BluFX Ltd and Blueprint Capital Limited (LinkedIn) are presented as related entities. The Chinese citizen Yu Song, born in February 1987, controls both companies and serves as a director in both. Neither company has an FCA license, and no regulated entity is provided in the public presentations. Here is our initial review of BluFX.

July 26, 2021

Review: Funded trading provider Topstep and its business model

Founded in 2012, Chicago-based TopstepTrader LLC did business as TopstepTrader (www.topsteptrader.com) until recently. Sometime in the last few months, it was renamed Topstep (www.topstep.com) a/k/a TopstepFX (www.topstepfx.com). All domains are currently redirected to the main domain www.topstep.com. This is now allegedly operated by Topstep LLC in Chicago. We have not found this company. Michael Patak is named as the economic owner and main principal. There are currently 191 people connected to the traded funding provider on LinkedIn.

February 19, 2021

StormGain Review – A crypto trading platform with an interesting ecosphere

StormGain (www.stormgain.com) is an unregulated crypto trading platform operated by the offshore entity Stormgain LLC in St. Vincent and the Grenadines. Currently, StormGain does not hold a license in any regulatory regime as a broker, investment firm, or financial services provider. Like Kraken, BitStamp, or other crypto brokers, StormGain lets you trade a range of crypto pairs. Partners of StormGain include Israel's Bits of Gold, Koinal, or Simplex. In December 2019, the Spanish regulator CNMV issued a warning against StormGain.

October 15, 2018

Bowers & Wilkins Speakers

Few simple powered speakers for the PC has been around for a tenner.You do not have to spend much more to give his ears to..

October 14, 2018

Vespa GTS 300 Super Review

Before content review box and a Vespa scooter is not conventional, but a special kind to ride on two wheels with leg shield. Whether the..

Financial Intelligence Hypothesis: Paul Atkins’ Potential Impact as SEC Chair Under Trump Administration

Donald Trump’s nomination of Paul Atkins as SEC Chair could radically reshape the future of the world’s leading financial regulator, driving the SEC towards a laissez-faire stance that prioritizes deregulation, reduced enforcement, and a pro-business agenda. Atkins’ tenure would likely redefine the regulatory landscape not only in the United States but globally, given the SEC’s influence over international markets.

Google Battles CFPB: Tech Giant Fights Back Against Federal Oversight in Payments Showdown

The U.S. Consumer Financial Protection Bureau (CFPB) has placed Google Payment Corp. under federal supervision, citing concerns over its error resolution and fraud prevention processes. This decision follows nearly 300 consumer complaints alleging issues such as inadequate investigation of fraudulent charges and insufficient explanations of investigation outcomes.

Wirecard Scandal Reignites: Markus Braun’s Release Demanded Amid Espionage Revelations

In light of recent court findings across multiple jurisdictions, it has become increasingly clear that the ongoing trial of former Wirecard CEO Markus Braun may be fundamentally flawed. The crux of this issue lies in the apparent failure to fully incorporate the now-established activities of fugitive ex-COO Jan Marsalek into the proceedings. This not only jeopardizes the fairness of Braun's trial but also risks obscuring the true nature and extent of the Wirecard scandal.

TikTok Takedown: America’s Digital Iron Curtain or Silicon Valley’s Secret Weapon?

The recent ruling by the U.S. Court of Appeals for the District of Columbia Circuit has sent shockwaves through the social media industry, upholding a law that could effectively ban TikTok in the U.S. The ruling cited national security concerns. This decision marks a significant escalation in the ongoing tension between the U.S. government and Chinese-owned tech companies.

Truong My Lan: A Tycoon’s Fall from Grace and Vietnam’s $44 Billion Financial Scandal!

The dramatic downfall of Truong My Lan, one of Vietnam’s most prominent property magnates, has sent shockwaves through the country's financial and political systems. The 68-year-old former billionaire is at the center of one of the largest financial frauds in history, a scandal that has not only exposed vulnerabilities in Vietnam’s economy but has also highlighted the intricate relationship between business and politics in the country.