New Zealand’s regulator, the Financial Markets Authority (FMA) has added two forex brokers to its list of “businesses to be wary of”. One of them is the Trade24 forex broker and the other – Ares Forex. Both of them, according to FMA, are not properly licensed to provide financial services in the country. The warning on Trade24 comes just weeks after Belize’s International Financial Services Commission (IFSC), has issued a warning that Trade24 has forged its Belize license. Now the FMA warns members of the public not to invest in Trade24 Investments Limited. When SMN last checked, the site claimed the broker was ... (full story)