Last week we published a link to FINMA's Black List which includes companies and persons who are conducting business in Switzerland without FINMA authorization.
We began a project to check to Forex providers in our database against FINMA's list and now we are moving on to the UK's Financial Services Authority (FSA) list of unauthorized firms.
If you are an investor, you should be aware that the Financial Ombudsman Service and the Financial Services Compensation Scheme are not available if you deal with an unauthorized company or individual. To find out whether a company or individual is authorised, go to the FSA Register Check Service or review the FSA List of Unauthorized Firms.
To check to see which regulatory authority monitors firms in your country, check our list at http://www.forexturtle.com/RegulatoryAuthority.aspx.
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