Tag: SafeCharge

The Defamation Campaign Of Cyprus Broker Scheme XBPrime!

Illegal Broker Activities Ben - December 11, 2022

We brought an initial review of the XBPrime broker operated by the offshore entity MarketFinancials Ltd, a securities dealer registered by the FSA Seychelles. The truth is that XBPrime is run out of Cyprus via M&N Equity Research Ltd. The offshore entity is said to be owned by Cyprus-registered Proverial Ltd, where Israeli Asher Afriat is registered as a director. This guy also used to be the director of the CySEC-regulated K-DNA Financial Services Ltd, which later became FTX (EU) Ltd.

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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