Belgian FSMA registers 60% increase in reports of fraud in H1 2021
During H1 2021, FSMA received 1,087 reports by consumers concerning fraud and unlawful offers of financial products.
During H1 2021, FSMA received 1,087 reports by consumers concerning fraud and unlawful offers of financial products.
Companies offering Expert Advisors do not have an authorization to offer financial services and products in Belgium.
Belgium’s FSMA warns the public against various companies that are selling training in trading in Forex derivatives.
Belgium’s FSMA has added 14 new names to the list of illicit online trading firms targeting investors.
FSMA warns against 12 fraudulent online trading platforms that are operating in the Belgian market.
Companies in Belgium are selling via pyramid structure trading software intended for trading principally in forex, CFDs and crypto.