The FMA in Austria warns against Blumanstock

The FMA in Austria warns against Blumanstock

Blumanstock 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 - Blumanstock

 Company name: Blumanstock Limited

Address: Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

Website: www.blumanstock.com

Email: [email protected]

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.