Reported Website: https://24-smartstocksfx.com/
24smartstocksfx claims to be an innovative binary option and Forex trading platform provider owned and operated by B.O. Tradefinancials Ltd, a New York investment firm licensed by the New York Securities and Exchange Commission and the Cyprus Securities and Exchange Commission (CySEC) with license number 216/13. First, the New York Securities and Exchange Commission is not a forex regulator which issues licenses for forex trading or regulates entities engaging in forex trading. Second, as for the regulation in CySEC, we indeed find a match result to B.O. Tradefinancials Ltd in CySEC. But this company is currently in a status of voluntary renunciation, which means this company is no longer under valid regulation. Third, 24smartstocksfx presents a registration document of its business registration in the Companies House of the United Kingdom (CH) with registration number 764643576. However, we did not find any match results for this broker in CH. Besides, the forex regulator in the UK is CH but the Financial Conduct Authority (FCA). But we also did not find any match results to 24smartstocksfx in FCA.
