Luxembourg's fiscal regulator, Commission de Surveillance du Secteur Financier (CSSF), has issued a alert today against Zidex Financials, a Forex broker that claims to last regulated past times the CSSF.
Today’s CSSF
announcement clearly indicates that is non the case:
“The CSSF informs earth that the entity Zidex Financials is non supervised past times the CSSF together with has non been granted the potency required to supply banking and/or fiscal services inwards or from Luxembourg.“
The firm’s website says claims that it’s headquartered inwards Grand Duchy of Luxembourg (5th flooring 58 boulevard purplish 2887 Grand Duchy of Luxembourg city, Luxembourg), however, the company’s contact page lists an address inwards Lincoln, Nebraska, USA.
Financial regulators inwards Europe are scrambling to upshot warnings equally unlicensed together with fraudulent FX, Binary Options & CFD brokers are springing upwards similar mushrooms across the region.
Last week, the AMF inwards French Republic issued warnings on 3
unlicensed Forex brokerages. While fiscal regime inwards the Netherlands, along amongst Dutch Minister of Finance,
Jeroen Dijsselbloem, are seeking an outright ban on the advertising of risky fiscal instruments to the full general public.