Regulators warn against Zurichbanc, European Investment Trading and others

Like almost every previous week this one also brought some new companies to the blacklists of regulators.

The FCA from the United Kingdom and the FSMA from Belgium have added the following companies to their blacklists.

These are mainly Forex brokers. One thing common to the companies from the following list is that they are not authorized, not regulated. Therefore, it is advisable not to enter in any relationship with them, since clients’ money is not protected.

  • European Investment Trading
  • Zurichbanc
  • Fin Royalty
  • Follow Phil
  • Your Claims Management
  • Berson Trading
  • First Matching

For trading use regulated brokers only.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 76-81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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