BaFin: Beware of These Unauthorized Clones of Pepperstone, CMC Markets, and ActivTrades

BaFin: Beware of These Unauthorized Clones of Pepperstone, CMC Markets, and ActivTrades

From financemagnates.com

The German financial regulator Bafin has issued a warning about online trading platforms masquerading under the catchy slogan "Your Time to Shine!" These platforms, which are clones of popular trading platforms Pepperstone, Cmc-market, and Activtrades, are reportedly offering financial and investment services without proper authorization. According to the regulator, the clone entities utilize the same structural and textual design across their websites, each falsely claiming affiliation with legitimate investment institutions. This fraudulent activity involves identity theft, targeting reputable licensed investment ... (full story)

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