Austria FMA warns of offshore brokers Roi Republic, BitLQ, iDealTrade
Austria financial regulator Finanzmarktaufsicht (FMA) has issued warnings against three offshore, unlicensed crypto and CFD brokers, which are apparently targeting retail traders in the country.
The FMA warnings have been issued against:
- Roi Republic at website roirepublic.co
- BitLQ / Omers Finance, at website bitlq.net
- iDealTrade, which is showing a (false) registered address in Kitzbühel, Austria, operating websites idealtrade.co and cfd.idealtrade.co
The FMA is warning investors against concluding transactions with any of the aforementioned brokers.