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Bulgarian court blocks 40 forex and binary options broker sites

Nov 05 2018
By
Jonathan Smith

 

Bulgarian court ordered access to 40 investment sites to be blocked after the Financial Supervision Commission (FSC) alerted that they offer investment services in the country without being authorized.

 

These websites offer trading in forex, CFDs or binary options. Binary options are currently banned in all EU and the EEA, while forex and CFD providers in Bulgaria have to be licensed by the FSC or similar authority in another EU Member State. According to the Bulgarian Financial Watchdog, however, most of these websites are owned and operated by foreign companies, registered in offshore zones.

 

Here is the complete list of websites which FSC has blacklisted. Actually, we have reviewed most of those forex and binary options brokers in detail:

 

https://ivoryoption.com/

https://www.prestige.fm/terms/  -  detailed review

https://client.midasglobe.com/ -  detailed review

https://www.richmondfg.com/ - detailed review

https://www.binarybook.com/ - detailed review

https://option500.com/ - detailed review

www.trade-24.com

www.fxglory.com - detailed review

https://www.optionstarsglobal.com/

https://esplanade-ms.com/en/

https://www.trade12.com/ - detailed review

http://traderxp.weebly.com/

https://brokerzunion.com/ - detailed review

https://www.plusoption.com/ - detailed review

http://affiliates.imperialoptions.com/en/

https://www.tiger-am.com/

https://ibrokers.trade/ - detailed review

http://ecoesfinance.com/

https://www.hbcbroker.com/ - detailed review

https://wisebanc.com/ - detailed review

https://pwrtrade.co/

https://www.binaryonline.com/ - detailed review

https://72option.com/

https://www.superbinary.com/

https://roiteks.com/ - detailed review

www.simplefx.com - detailed review

www.my.capitalmarketbanc.com - detailed review

http://kbcapitals.com/ - detailed review

https://www.financikatrade.com/index - detailed review

https://www.markets.online/ - detailed review

https://www.jafx.com/ - detailed review

https://www.btchomemining.com/

www.marketsdl.com

https://dinerolibre.com/ - detailed review

www.investingpro.com - detailed review

https://www.littinvest.com/ - detailed review

www.chronofm.com - detailed review

www.binatex.com

www.bealgo.com - detailed review

www.fxleader.com - detailed review

https://ashfordinvestments.com/ - detailed review  

www.easytrade.biz

www.forexgrand.com – detailed review

https://factory-ad.com

www.binaryuno.com

 

The court ruling gave internet providers 24 hours to block the access to the above websites, but our check revealed that many of them are still accessible.

TAGS: FSC  Bulgaria  warning  scam 
Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

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