News & Warnings

Bank of Market

Warnings
22/08/2014

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Bank Of Market, a company that offers highly risky investment instruments in Belgium without complying with the Belgian financial legislation.

Bank Of Market is not an authorized investment firm or credit institution in Belgium. It is therefore not allowed to provide banking and/or investment services in or from Belgium.

Furthermore, certain investment instruments that Bank Of Market offers, namely, binary options, are speculative and very risky. Investors in these products run the risk of losing the entire amount invested. The FSMA has, moreover, issued a recent warning about the risks associated with binary options.

In conclusion, Bank Of Market has not published a prospectus, approved by the FSMA, as is required before a public offering of investment instruments may be made within the territory of Belgium.

The FSMA thus strongly advises against responding to any offers of financial services or public offerings of investment instruments made by Bank Of Market and against transferring money to any account number Bank Of Market might mention.

Bank Of Market uses the website www.bankofmarket.com.

Would you like to enquire more generally as to the regularity of a transaction being proposed? If so, please use the search function on the FSMA website. You can also contact the FSMA (tel.: +32 2 220 59 10; email address: info@fsma.be).