Regulators warn against Olympus Markets, Algotechs and OPT Finance

German and British regulators have added three more investment services to their black lists.

The BaFin from Germany has warned that the Forex broker Olympus Markets is not regulated. The regulator has also ordered Olympus Markets to cease all activities in Germany.

The Financial Conduct Authority from Britain has placed Algotechs and OPT Finance on its black list.

Algotechs is offering an automated trading program that allegedly can make more than 7% monthly returns on investment. But it is a service that is not authorized.

OPT Finance is a Forex broker from St. Vincent and the Grenadines, it is not regulated.

For trading use regulated brokers only.


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