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FSCA warns against these operators
Abstract：The Financial Sector Conduct Authority (FSCA) warns against dealing with trading platform Primefin and with Luzuko Burial Society.
The Financial Sector Conduct Authority (FSCA) warns against dealing with trading platform Primefin and with Luzuko Burial Society. Malaysian-based Primefin is an online trading site that offers, among other things, trading in forex, and metals and other commodities through CFDs (contracts for difference). Primefin is not authorised by the FSCA to offer CFD trading in South Africa.
Similarly, Luzuko Burial Society is not registered as a financial services provider or as representative, and is not underwritten by a registered insurer, as is required for funeral parlours to operate in South Africa.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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datian Review: Examining Slippage and Forced Liquidation Allegations Against the Broker
Did you face losses due to a sudden change in the trading price on the datian platform? Were your transaction records deleted by the Hong Kong-based forex broker? Did the broker liquidate your trading account multiple times despite not reaching the stage where it mandated this move? Have you experienced heavy slippage on the trading platform? Concerned by these issues, traders have complained about the broker online. We will let you know of these with attached screenshots in this datian review article. Keep reading!
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TopstepFX Review: Investigating Fund Withdrawal Denial Claims & Other Trading Issues
Did you face constant rejections of your fund withdrawal applications by TopstepFX? Have you been denied withdrawals in the name of hedging? Did you witness an account block without any clear explanation from the forex broker? There have been numerous user claims against TopstepFX regarding its withdrawals, payout delays and other issues. In the TopstepFX review article, we have investigated the top complaints against the US-based forex broker. Keep reading!
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Mazi Finance Regulatory Status: A Complete Guide to Its Licenses and High-Risk Warnings
When choosing a broker, the first question is always about safety and legitimacy. Is my capital safe? For Mazi Finance, the answer is clear and worrying: Mazi Finance is an unregulated broker. While the company, MaziMatic Financial Services LTD, is registered in the offshore location of Saint Lucia, this business registration does not replace strong financial regulation from a top-level authority. Independent analysis from regulatory watchdogs shows a very low trust score, made worse by official warnings from government financial bodies and many user complaints about serious problems. This article provides a clear, fact-based analysis of the Mazi Finance regulation status. Our goal is to break down the facts and present the risks clearly, helping you make an informed decision and protect your capital.
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