The FMA in Austria warns against 24NewsTrade / Baumont Group LTD

The FMA in Austria warns against 24NewsTrade / Baumont Group LTD. This firm is not authorised to carry out banking transactions in Austria that require a license. The FMA warns investors against concluding transactions with this provider.

Details of the unauthorised firm - 24NewsTrade / Baumont Group LTD

Address: Beachmont, Kingstown, St. Vincent and Grenadines

Website: www.24news.trade

Email: [email protected], [email protected], [email protected]

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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.