de | cn | ru

Market News

The Central Bank of Ireland warns against unauthorized broker Capital Hall

 

The Central Bank of Ireland (CBI), which also serves as a financial services supervisor, issued a warning against offshore forex and CFD broker Capital Hall on Monday.

 

Forex and CFD broker Capital Hall operates via www.capitalhall.com website and allegedly offers commission-free trading with variable spreads and leverage up to 1:300 on the MetaTrader 4 platform. The company behind the brand, Capital Tech Ltd., seems to be operating out of Bulgaria, but is registered on the Marshall Islands, and is not entitled to offer financial services or advice in Ireland, not on any other regulated market. 

 

Apart from Capital Hall, the firm also runs PBN Invest, PBN Capital, and PBN Trade brokerage brands. Unsurprisingly, Capital Tech Ltd. was also blacklisted by the Austrian Financial Market Authority (FMA), the Italian Financial Watchdog CONSOB, and the Malta Financial Services Authority. Actually, CONSOB has gone as far as ordering Capital Tech Ltd. to cease illegally providing investment services and activities to the Italian public.

 

Furthermore, online media Finance Magnates claims that the people running the Capital Hall brokerage brand are actually a group of Ukrainian con-artists that have been unmasked by the police in Kiev in the end of last year.

 

The Irish regulator (CBI) keeps a register of regulated companies and anyone can check whether a certain forex broker is licensed in the country or not. Besides, the Irish financial regulator regularly publishes official warnings of unregulated companies that target local investors.

 

 

>> Forex brokers operating legitimately in Ireland <<

 

 

TAGS: CBI  Capital Hall  warning  Ireland  scam 
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
Australia ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC 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
Australia ASIC MT4, MT5 $100 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

More Forex Market News

Ex-BinaryBook employee who turned into a “recovery agent” pleads guilty to fraud

Mar 19 2019 12:30:30

  Ex-BinaryBook employee Austin Smith pleaded guilty to investment fraud in US court previous week. Ironically, Mr. Smith now runs a company that is supposed to help victims get their money back from binary options scams like BinaryBook. Read more

CONSOB orders RichmondFG, PTBanc, Get Financial, and CryptoEU to cease illegal operations

Mar 18 2019 17:39:16

Italy's financial regulator Commissione Nazionale per le Societa e la Borsa (CONSOB) warned that RichmondFG, PTBanc, Get Financial, and CryptoEU are not licensed to provide financial services in Italy, and ordered them to cease operating illegally in the country. Read more

ColmexPro pays €50 000 in settlement with CySEC

Mar 15 2019 14:44:08

  The Cyprus Securities and Exchange Commission (the “CySEC”) has announced on Thursday that it has reached a settlement with ColmexPro of EUR 50 000. Read more

UK’s FCA updates its warning list with Kruger Exchange and PT Banc

Mar 14 2019 09:04:36

  The Financial Conduct Authority in the UK updated its list of unregulated forex and CFD brokers with Kruger Exchange and PT Banc. According to the regulator, these entities have been offering, promoting or selling financial services or products in the UK without its authorization. Read more

Millennium FX, Tradovest and ForexGrand end up on CNMV’s warning list

Mar 13 2019 15:35:00

  Unregulated forex brokers Millennium FX, Tradovest and ForexGrand have been the latest additions to the warning list of Spanish financial watchdog, the Comision Nacional del Mercado de Valores (CNMV). Read more

Italian financial regulator adds Mib700, Vix500 and DeltaFxMarkets to its warning list

Mar 11 2019 14:48:18

  Italy's Commissione Nazionale per le Societa e la Borsa (CONSOB) has updated its warning list with unregulated brokers Mib700, Vix500 and DeltaFxMarkets. The regulator also ordered these companies to cease offering unauthorized investment services and activities to the Italian public. Read more

Germany’s BaFin orders unregulated broker XtraderFX to cease operations

Mar 08 2019 14:11:05

  The German Federal Financial Supervisory Authority (BaFin) has ordered XtraderFX operated by GPay Ltd. to immediately cease offering investment services and advice to German investors. Read more

Spain’s CNMV warns against IWC Investment

Mar 07 2019 16:46:14

  The Comision Nacional del Mercado de Valores (CNMV) has published a statement earlier this week, warning local investors against doing business with IWC Investment. This forex broker is not authorized to provide investment services or investment advice in Spain, the CNMV said. Read more

OctaFX got licensed in Cyprus, will onboard EU clients again

Mar 05 2019 11:42:09

  OctaFX got licensed by the he Cyprus Commodities and Exchange Commission (CySEC) and is about to onboard EU clients again. The forex and CFD broker will soon launch its new domain, www.octafx.eu, which is currently under construction. Read more

Unregulated brokerages Gold FX Trading and Brokerz end up on FCA’s warning list

Mar 01 2019 10:45:58

  The Financial Conduct Authority in the UK recently added Gold FX Trading and Brokerz to its warning list of unregulated brokers. According to the regulator, they have been providing financial services or products in the UK without its authorization. Read more

de | cn | ru