Japan's Finance ministry Kanto bureau has issued warnings against the forex broker HotForex and the binary options broker Monte Carlo Binary.
According to the regulator, the company HF Markets (SV) Ltd, incorporated in the offshore zone Saint Vincent and the Grenadines and operating as HotForex, is not authorized to provide financial services in Japan. Furthermore, the watchdog notes, the address and company name may be false.
What's fascinating about Monte Carlo Binary is that despite their name they're registered in the Seychelles. Talk about unethical advertising.
According to the regulator, the company HF Markets (SV) Ltd, incorporated in the offshore zone Saint Vincent and the Grenadines and operating as HotForex, is not authorized to provide financial services in Japan. Furthermore, the watchdog notes, the address and company name may be false.
What's fascinating about Monte Carlo Binary is that despite their name they're registered in the Seychelles. Talk about unethical advertising.