The Czech National Bank issues warning against Financial Signal

The Czech National Bank issues warning against Financial Signal

The Czech National Bank  remains vigilant and has renewed its long blacklist of unregulated brokerages. It appears the newly spawned Forex broker Financial Signal has been the latest addition to the list. The country’s main financial regulatory suspects them being involved in scam operations.

According to the website Financial Signal is supposedly registered in the Czech Republic, however, the name of the company is missing and there is even no registered address given. Such anonymity is a sure sign of trouble and we suggest all traders avoid doing business with a financial services provider which does not show it’s owner-company. We do remind readers that Czech Republic is deeply integrated within the EU and the Czech National Bank follows the ESMA guidelines.

The Czech National Bank has always advised traders to only do business with legitimate firms that hold the proper license. Traders may always check the regulatory status of a given company by going on the online registry of the  financial watchdog and typing out the name of the company. Another good idea is simply googling the name of the company and reading reviews from ex-clients of the brokerage, as well as from professional Forex bloggers.

Top Forex Brokers

Broker Country Rating Min. Deposit Website
US 5/5 $50 Click for a special offerWebsite
UK, Cyprus, Belize 4.95/5 $5 Click for a special offerWebsite
Australia 4.90/5 $100 Click for a special offerWebsite

1 Comment

  1. Hei mit navn er ilona kerekes bor i jessheim ..jeg ønsker en lit hjelp fra dere ..og kan mulig at hjelpe til meg at fortake min penge ..jeg opente en bitkon side og lagt inn 250 euro +500 euro dette vært 10.09.2019 jegtenkte avslutte konto hos dem men agenten min gjort alt selv så jeg har ikke muligens og ser hva han gjort ..men nå han krever fra meg en gebyr 250.euro da jeg for reste penge min som hos dem ..jeg skal limer her hva jeg skrevet til suport …veldig takket når kunne hjelpe til m eg …

    hello my name is ilona kerekes from norway .. i opened with you in kronosinvest .com a bitcon account .. deposit was 250 euro ..and then i got an agent named Georg just this name and two phone numbers who usually call and call me one of +442039051756 his other number is +35796946147 .. he even made an account that can be used as bikon investment trading and buy this been my account at kronosinvest.com [email protected] and he made a password himself also abc123 .. so then i sent again through my visa debit card 500 euros additionally saw everything 750 euros .. from september 14 we managed to build up 1500 euros ..when i wanted money memory to come back with me and end with kroneosinvest .. then georg my agent that slowly he does everything because i cant english and does not understand this page so he signed up today 01.10.2019 that he closed my account without me being through anydesk page and he slowly has a page that only when do i want my money when i m to pay a fee like 250 euros when i for my money as i invested and known addition be 1500 euros .. but when i wanted to do this then my bank slow that this strange that i have to pay so much fee that pre-memory money ,, so My DNBbank closed that I can not pay to this page foreign transaction because you think this is a scam and unclear online site called: / https: //safecurrency.com/en#home..When I log in then need a phone code and then see that i have to pay 250 euro .. i talked to a live chat person they slowly that they have no money to pay and unclear the whole site that geog this agent opened .. when i want to talk to him then all the time busy and I do not have an account with kroninvesterin.com because he is my closed account..when I do not forfeit money 1500 euros who can help me that the money will come back I only the receipt when I sent and open account with kroninvesterin.com can please help me or you r where i can do something like contact with this agent man geog is very thank you guys ilona kerekes MT4ID – 1738401 id 174717

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