The Malta Financial Services Authority (“MFSA”) has become aware of the website http://www.fxddtrade.com/ which is misleading the public by using a name which is similar to that of a genuine firm authorised by the MFSA. The website erroneously states that it is licensed by the MFSA.
The MFSA therefore alerts the public, in Malta and abroad, that this website is NOT licenced or otherwise authorised by the MFSA to provide any investment or other financial service which is required to be licenced or authorised under Maltese law. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity.
The MFSA strongly advises the public and consumers of financial services that prior to making any investment or entering into any financial services transaction they should ascertain that the entity with whom the investment or transaction is being made is authorised to provide such services by the MFSA or another financial services regulatory authority as applicable.
A list of entities licensed by the MFSA is available from the MFSA and can be viewed on the official website of the MFSA at http://www.mfsa.com.mt/pages/licenceholders.aspx.