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Following the NFA Hearing Panel, the regulator decided that it would bar the former member of the association. It was working as a forex firm, a commodity trading advisor and introducing broker. For the next five years, the company will not be able to apply for associate membership with the NFA.
It will also stand prohibited from applying for a principal status within the association. Former Fortress sole Principal George Ashkar agreed to these restrictions. The charges against Fortress include its lax accounting practices, especially related to maintaining adequate records of its liabilities and assets. It did not maintain the minimum adjusted net capital that was required.
The regulator said that the company was positioned to identify these issues and end them but turned a blind eye instead. The company is said to have submitted inaccurate financial statements repeatedly. It constantly used misleading promotional materials to entice clients. Vantage FX Vantage FX is one of only a few online based trading platforms whose headquarters are located in Australia. It is well regarded since it is regulated by a reputable body the ASIC.
This platform allows users to partake in the trading of Binary Options as well as Forex. It provides the users with the following services: educational videos, news, economic calendars Pepperstone Working over the previous decade, Pepperstone a UK Forex representative has constructed a solid affinity with customers.
Accomplishing their beginning in Australia in , the business was later migrated to London in Pepperstone has surpassed a customer
Fortress Capital Forex Broker: read real reviews by Traders. Learn more about their STP/ECN and if there are any scams at Electronic Communication Network (ECN). AdThis comprehensive guide can help you protect and extend your wealth. Protecting wealth requires knowing your financial picture. This guide can show you casinocrypto.site An Appointment · Wealth Management · Financial Services · Estate Planning. While Fortress Capital might offer online trading in Switzerland, we would not recommend trading there. It is amongst our lowest ranking Switzerland Forex broker, with a rating of .