FSMA warns against CMTpro

The Financial Services and Markets Authority (FSMA) warns the public against the activities of CMTpro which irregularly offers investment services in Belgium.

According to FSMA, the firm CMTpro is a fraudulent online trading platform that is operating on the Belgian market.

FSMA advises against responding to any offer made by this firm.

How To Protect Yourself From Scam

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.