News & Warnings

CapitalCourtage, Eich Invest Ltd, 10 Spheres Media Ltd and First Consulting SCS

Warnings
18/04/2016

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

CapitalCourtage 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 this company offers, i.e. binary options, are speculative and involve significant risks, with the investor in such products running the risk of losing the entire amount invested. The FSMA already published a warning in May 2014 about the risks associated with binary options.

Finally, CapitalCourtage has not published a prospectus approved by the FSMA, as is required before any public offering of investment instruments may be made within the territory of Belgium

The FSMA therefore strongly advises against responding to any offers of financial services or to any public offers of investment instruments made by CapitalCourtage and against transferring money to any account number it might mention.

CapitalCourtage claims to have its registered office at 47 Devonshire Square, 2nd Floor, London, EC4M 4AB, United Kingdom. It uses the website www.capitalcourtage.com, the phone numbers +44 20 3769 1980 and +33 9 75 18 98 57 and the email addresses support@capitalcourtage.com and guy.stuart@capitalcourtage.com. It also uses a Belgian bank account allegedly opened in the name of the company First Consulting SCS.

It appears from its website that CapitalCourtage has ties to the company Eich Invest Ltd (Suite 368, 

2 Lansdowne Row, London, W1J 6HL, United Kingdom), as well as to the company 10 Spheres Media Ltd (Suite 106, Premier Building, Victoria, Mahé, Seychelles). Like CapitalCourtage, the latter companies do not have the authorization required to offer investment services in or from Belgium and do not have a prospectus approved by the FSMA.

The FSMA recommends vigilance with regard to companies such as this one which offer binary options or other risky investment instruments. Always verify that any company which is offering you financial services has the requisite authorization. For more recommendations, please consult the general warning published by the FSMA on 18 April 2016 on its website.

If you wish to check in general whether a proposed transaction complies with the financial regulations, please use the search function (available in Dutch and French only) on the website of the FSMA. You can also contact the FSMA (email address: info@fsma.be).