There have been numerous warnings from official supervisory agencies against the illegal broker websites operated by Israeli fraud artist Gal BARAK. Recently, the UK Financial Market Authority FCA renewed its warnings against SafeMarkets, Golden Markets
SafeMarkets customers can deposit their money via partly dubious and/or unauthorized payment service providers (PSPs). In the course of depositing money on SafeMarkets, you are informed that Entropay is allegedly
In the course of careful Know Your Customer (KYC) and Anti Money Laundering (AML) checks, it must become evident that the broker sites of SafeMarkets, Golden Markets, and XTraderFX have received valid warnings about their illegal business operations. It will be a matter of time before these careless regulated payment service providers lose their licenses, as did Entropay recently.
Victims of SafeMarkets, Golden Markets or XTraderFX can submit their claim to the EFRI initiative supported by FinTelegram here: