SFC warns against World Markets

SFC warns against World Markets. The entity appears to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong

Details of the unauthorized firm - World Markets

Website: www.worldmarkets.com

How To Protect Yourself From Scams 

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.