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Clone of FX broker Oanda draws CySEC attention

From financefeeds.com

The Cyprus Securities and Exchange Commission today issued yet another warning to investors about the risks associated with unauthorized investment providers. These warnings are typically aimed at protecting consumers from fraud, scams, and other forms of misconduct by unregulated or improperly regulated brokers. The most recent addition to the CySEC’s caution list is a new clone scam impersonating one of the brands operating under FX brokerage firm OANDA. The clone website operates through primusforex.net. The copycat broker has chosen to operate under the brand ‘PrimusForex,’ and it mimics the website of TMS ... (full story)

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