Regulator's warning against FXlider

Slovenian Securities Market Agency12 August,, Lagos – The Slovenian Securities Market Agency vested with the responsibility of maintaining a safe environment for investors has highlighted risks of doing business with the firm, FXLider.

The regulators have warned investors about the activities of the company offering its services under this brand name and web address: According to the statement from the regulators:

The above mentioned company has not obtained the Agency’s authorization according to Market in Financial Instruments Act (Official Gazette of the Republic of Slovenia 108/10, 78/11, 55/12, 105/12- ZBan-1J and 63/13 ZS-K) or any other securities law to carry out services in the financial instruments field in Slovenia and by the date of this warning the Agency has not received any documentation proving that the authorization is sought in order to acquire that authorization.

In addition to the warning against FXlider, it was clarified that the company is also not licensed to carryout direct investment services and dealings related to financial instruments on the territory of the Republic of Slovenia.

About Slovenia Securities Market Agency

It is independent in performing its tasks. Its basic mission is to maintain a safe, transparent and efficient market in financial instruments. By exercising control over the brokerage companies, banks engaged in investment transactions and services, management companies, investment funds, mutual pension funds, public companies, public-limited companies governed by the Takeovers Act and performing other regulatory tasks, it creates a level playing field for efficient operation of market in financial instruments.

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