The Austrian financial market regulator Financial Markets Authority (FMA) warns investors against the broker Spot2Trade Ltd, which offers its services without the appropriate license.
This broker offers forex trading, commodities, stocks or binary options through www.spot2trade.com. However, the FMA has found that Spot2Trade is not regulated in Austria and therefore offers its services illegally.
The Austrian regulator strongly warns against this broker and does not recommend using it to invest their funds.
Source: Finance Magnates
