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Thread: Quebec AMF warns about 35 unlicensed trading sites

  1. #1
    NikSam is offline AntiCon Artist
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    Quebec AMF warns about 35 unlicensed trading sites

    On Aug 12, AMF of Quebec, Canada declared 35 forex and binary option websites illegally soliciting investors without being licensed:

    5markets.com
    gtoptions.com
    247binary.com
    icmtrading.com
    777binary.com
    iforex.com
    aaafx.com
    leaderoption.com
    accentforex.com
    liteforex.org
    anyoption.com
    lite-forex.com
    askobid.com
    markets.com
    avafx.com
    netotrade.com
    AvaOption.com
    plus500.com
    bancdebinary.com
    PrestigeBanq.com
    bforex.com
    stockpair.com
    finexo.com
    traderush.com
    fioptions.com
    triumphoption.com
    forextrada.com
    ufxmarkets.com
    fxlite.com
    xm.com
    gdbrokers.com
    youtradefx.com
    gfcmarkets.com
    ytfxaffiliates.com
    goforex.com


    URL: Plateformes de ngociation en ligne: prudence!

  2. #2
    drhum is offline Junior Member
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Is there an updated list for this for month of September?

  3. #3
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    No, and I do not think they have the plans to post such lists periodically.

    But if you looking for QC specific alerts, can see them here: Alerts | AMF

    Or within all Canadian fin. alerts here: CSA | Enforcement | Investor Alerts
    Last edited by NikSam; 09-28-2014 at 01:02 PM.

  4. #4
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    The update as of Nov 13th added one more - amberoptions.com :

    5markets.com
    247binary.com
    777binary.com
    aaafx.com
    accentforex.com
    amberoptions.com
    anyoption.com
    askobid.com
    avafx.com
    AvaOption.com
    bancdebinary.com
    bforex.com
    finexo.com
    fioptions.com
    forextrada.com
    fxlite.com
    gdbrokers.com
    gfcmarkets.com
    goforex.com
    gtoptions.com
    icmtrading.com
    iforex.com
    leaderoption.com
    liteforex.org
    lite-forex.com
    markets.com
    netotrade.com
    plus500.com
    PrestigeBanq.com
    stockpair.com
    traderush.com
    triumphoption.com
    ufxmarkets.com
    xm.com
    youtradefx.com
    ytfxaffiliates.com


    URL: On-line trading platforms Updated list of unauthorized sites

  5. #5
    NikSam is offline AntiCon Artist
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    Quebec AMF warns about 41 unlicensed trading sites

    The Update as of DEC 18th added 5 more sites (in bold) making total of 41:

    5markets.com
    247binary.com
    777binary.com
    aaafx.com
    accentforex.com
    amberoptions.com
    anyoption.com
    askobid.com
    avafx.com
    AvaOption.com
    avatrade.ca
    avatrade.com

    bancdebinary.com
    bforex.com
    finexo.com
    fioptions.com
    forextrada.com
    fxlite.com
    gdbrokers.com
    gfcmarkets.com
    goforex.com
    gtoptions.com
    icmtrading.com
    iforex.com
    ilq.com.vn
    leaderoption.com
    liteforex.org
    lite-forex.com
    markets.com
    netotrade.com
    plus500.com
    PrestigeBanq.com
    stockpair.com
    sycamoreoptions.com
    traderush.com
    triumphoption.com
    ufxmarkets.com
    vaultoptions.com
    xm.com
    youtradefx.com
    ytfxaffiliates.com

    URL: On-line trading platforms - Updated list of unauthorized sites
    Last edited by NikSam; 12-18-2014 at 12:26 PM.

  6. #6
    Realname is offline Member
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by NikSam View Post
    On Aug 12, AMF of Quebec, Canada declared 35 forex and binary option websites illegally soliciting investors without being licensed:
    LOL Quebec is small place with small number of potencial traders so that's irelevant for most of us. That announce its just like an ad to incentive companies to buy their licenses....

  7. #7
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by Realname View Post
    LOL Quebec is small place with small number of potencial traders so that's irelevant for most of us. That announce its just like an ad to incentive companies to buy their licenses....
    Ahmm, you are wrong. QC does not license crap. That announcement means - stay away - "you will loose your money, we cannot prosecute them because they are hell knows where or it is too expensive to prosecute cross border, if you still play in those no gov compensation or protection will be provided to you, they illegally target QC residents"

    Unlike you , they perfectly know what is a forex kitchen and what is a binop kitchen.

    BTW, QC population is almost the same of Portugal
    Last edited by NikSam; 12-22-2014 at 05:24 PM.

  8. #8
    littleroundman is offline Administrator
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by Realname View Post
    LOL Quebec is small place with small number of potencial traders so that's irelevant for most of us. That announce its just like an ad to incentive companies to buy their licenses....
    Most of us WHO ???

    Kids who play forex like it's some sort of game and think they're experts - is that the US you're talking about ??
    The only thing necessary for the triumph of evil is for good men to do nothing

  9. #9
    Realname is offline Member
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by NikSam View Post
    Ahmm, you are wrong. QC does not license crap. That announcement means - stay away - "you will loose your money, we cannot prosecute them because they are hell knows where or it is too expensive to prosecute cross border, if you still play in those no gov compensation or protection will be provided to you, they illegally target QC residents"

    Unlike you , they perfectly know what is a forex kitchen and what is a binop kitchen.

    BTW, QC population is almost the same of Portugal
    Of course they don't license it. They only license such banks and financial institutions who charge a lot of fees from their customers. Even Cysec and Mifid gives you better insurances comparing to QC.

    Quote Originally Posted by littleroundman View Post
    Most of us WHO ???

    Kids who play forex like it's some sort of game and think they're experts - is that the US you're talking about ??
    The "US" I refer is the group of traders I introduced to brokers who make me earn nice comissions from their trades.

  10. #10
    ribshaw's Avatar
    ribshaw is online now Nigerian Ministry
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by Realname View Post

    The "US" I refer is the group of traders I introduced to brokers who make me earn nice comissions from their trades.

    We should give you your own thread on pimping Forex 2 Suckers, it could go sumpthin like dis:

    http://secureinvestment.com. Managed Forex Account?

    Then all the people on the interwebs who plan on making 1.2% per day trading with a broker in Cyprus can viz-a-lize what a great opportunity they have in FX or Binaries to feed the broker, his family, and his pimps.
    Last edited by ribshaw; 12-23-2014 at 04:42 PM.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  11. #11
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by Realname View Post
    ...
    The "US" I refer is the group of traders I introduced to brokers who make me earn nice comissions from their trades.
    Why do not you give me a list of such great brokers, maybe I can help you to put them on the black list in Portugal.
    You see, MIFID is MIFID but every country reserves the right to ban any crap licensed by the other member of EU.
    And France and Belgium, for example, does just that.

  12. #12
    Realname is offline Member
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by NikSam View Post
    Why do not you give me a list of such great brokers, maybe I can help you to put them on the black list in Portugal.
    You see, MIFID is MIFID but every country reserves the right to ban any crap licensed by the other member of EU.
    And France and Belgium, for example, does just that.
    So Admiral, Ironfx, Gobulling shoud be blacklisted??? I never had any problems with such brokers and I beleive their licenses are ok and good to suit the needs of most EU online traders.

  13. #13
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Thats up to any country regulator to decide, if they care about their residents and want to protect them or not.
    So how many residents of Portugal you solicited to each those ?

    Do you have a website or blog where you promote them ?

    I can get you one of these:
    CMVM - Information Disclosure System - Information on Financial Intermediaries

    CMVM - Investor Assistance / Conflict Mediation - Warning Notices

    You do have a Financial Advisor license, don't you ? ;)
    And you did disclose all the required information on risks in not monitored Forex "market" in each solicitation, right ?
    You did disclose that you are getting a commission and it's size to persons you attracting ?
    Last edited by NikSam; 12-25-2014 at 04:27 PM.

  14. #14
    Realname is offline Member
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by NikSam View Post
    Thats up to any country regulator to decide, if they care about their residents and want to protect them or not.
    So how many residents of Portugal you solicited to each those ?

    Do you have a website or blog where you promote them ?

    I can get you one of these:
    CMVM - Information Disclosure System - Information on Financial Intermediaries

    CMVM - Investor Assistance / Conflict Mediation - Warning Notices

    You do have a Financial Advisor license, don't you ? ;)
    And you did disclose all the required information on risks in not monitored Forex "market" in each solicitation, right ?
    You did disclose that you are getting a commission and it's size to persons you attracting ?
    As I know the law here does not require financial advisor's license for such purpose. Actually I don't have any active blog to share my trading stuff and my affiliates are my friends I've met from a forex forum. 3 of 5 still active in trading and that's from where my nice comissions comes from ;)

  15. #15
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 35 unlicensed trading sites

    Quote Originally Posted by Realname View Post
    As I know the law here does not require financial advisor's license for such purpose....
    Thats what "Finance FX Lounge" blog and "Forex-Portugal" site thought.

  16. #16
    NikSam is offline AntiCon Artist
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    Re: Quebec AMF warns about 43 unlicensed trading sites

    The Update of FEB 13th added 2 more sites (in bold), making a total of 43:

    5markets.com
    247binary.com
    777binary.com
    aaafx.com
    accentforex.com
    amberoptions.com
    anyoption.com
    askobid.com
    avafx.com
    AvaOption.com
    avatrade.ca
    avatrade.com
    bancdebinary.com
    bforex.com
    binareo.com
    finexo.com
    fioptions.com
    forextrada.com
    fxlite.com
    gdbrokers.com
    gfcmarkets.com
    goforex.com
    gtoptions.com
    icmtrading.com
    iforex.com
    ilq.com.vn
    leaderoption.com
    liteforex.org
    lite-forex.com
    markets.com
    netotrade.com
    plus500.com
    PrestigeBanq.com
    stockpair.com
    sycamoreoptions.com
    tradersking.com
    traderush.com
    triumphoption.com
    ufxmarkets.com
    vaultoptions.com
    xm.com
    youtradefx.com
    ytfxaffiliates.com

    URL: http://www.lautorite.qc.ca/fr/commun...2015-00-0.html

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