Tag: Invest100

Offshore Broker BKFX Continues To Solicit Clients in Europe!

Illegal Broker Activities Charlene Lensburg - June 8, 2022

We have already alerted investors against the offshore broker BKFX, operated by the FSCA-regulated BKFX (Pty) Ltd in South Africa and BKFX LLC registered in St. Vincent & The Grenadines are the operators. BKFX offers leverage of up to 1:2000 and aggressive bonus schemes. In the EU and UK, a maximum of 1:30 is allowed. However, BKFX accepts clients from the EU, UK, and most other jurisdictions where it operates unauthorized and non-compliant. Until 2020, BKFX was operated by MarketFinancials registered in Seychelles.

Offshore Radar! CySEC-controlled Seychelles broker MarketFinancials and its brands!

FSA Seychelles Ben - April 20, 2022

In Jan 2020, Finance Magnates reported that Growth Capital LLC, part of CySEC-regulated Mount Nico Group Ltd, would be a subsidiary of Saint Vincent and the Grenadines-based broker Invest100. The latter is just one of several offshore brokers facilitated through the FSA Seychelles regulated MarketFinancials Limited. We also found xpprime and bkfx. The latter used to be operated by MarketsFinancial until 2020 but is now operated by South African BKFX (Pty) Ltd and BKFX LLC in SVG.

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