FINMA warns against WestpointFX

FINMA reports WestpointFX offering investment, financial and insurance services without the required authorisations.

Details of the unauthorised firm - WestpointFX

Address: Bahnhofstrasse 100, 8001 Zürich
Website: www.westpointfx.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.