The British Virgin Islands Financial Services Commission (FSC) has warned investors to exercise "extreme caution" in conducting any business with a handful of investment firms.
The FSC says Golden Forex and Reality Funds are not licensed to conduct any financial services business in or from the BVI, nor are they incorporated or registered in the islands. Furthermore, neither IFC Markets Corp nor MoneyForex Financial is licensed to do business in or from the island. IFC Markets Corp offers futures, securities and foreign exchange via an online trade platform. It claims to collaborate with Deutsche Bank and Interactive Brokers and is creating subsidiary branches in different regions worldwide. Reportedly founded by Wall Street veterans, MoneyForex Financial o...
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