Belize regulator cleaned house and delicensed 40 brokers, including Finpro Trading

The International Financial Services Commission of Belize (the “IFSC”) warned the public Finpro Trading, BlueMax Capital, Fort Financial Services, NPBFX, Salma Markets, Top4FX, IFA FX, ZB Forex and 40 more companies have not renewed their forex broker licenses. Therefore, those companies are not authorized to provide, carry on, or transact any of the international financial services provided for in the law of Belize as of February 1, 2019.

Here is the complete list of entities are no longer licensed by the International Financial Services Commission of Belize (arranged in alphabetical order):

  1. Agros Investments Limited

  2. Allied Asset AG (Belize) Limited

  3. Alpha Capital Management Limited

  4. Always Rich Global Limited

5.Arosemena and Diaz Trust (Belize) Limited

  1. ATC Services (Belize) Ltd.

  2. Belize Offshore Formation Limited

  3. Belize Offshore Incorporation Limited

  4. Belize Offshore Solutions Limited

  5. Bluemax Global Ltd.

  6. Bondex Global Limited

  7. BP Global Limited

  8. Capital Market Solutions Inc.

  9. Choice Trust Limited

  10. CST Financial Services Ltd.

  11. Delwyn Trading Limited

  12. E-Pay Services Limited

  13. Financials Worldwide Inc.

  14. Finpro Holdings Inc.

  15. FirstFX Global Limited

  16. Fort Financial Services Ltd.

  17. FX4WIN International Limited

  18. FXGroup International Ltd. (operating Top4FX)

  19. G.E.B. Global Equity Brokers (Belize) Limited

  20. Georgetown Administrative Services Limited

  21. Green Investment House Corp.

  22. IFA FX Ltd. 28. IIG Ltd.

  23. IPCTRADE INC.

  24. Keyforce Management Limited

  25. Marigold Global Markets Corporation

  26. Marilyn Williams

  27. Maxi Services (Belize) Ltd.

  28. MB Trust Limited

  29. Mercury Limited

  30. NPBFX Limited

  31. OR Capital Ltd.

  32. OWA Trust Ltd.

  33. Pacific 2000 Securities Ltd.

  34. PMA Agents Limited

  35. Remit Now International Limited

  36. Safe Gold International (Belize) Limited

  37. Salma Markets Companies Corp.

  38. Sandpiper Investments Limited

  39. Servicios Bursátiles Internacionales Ltd

  40. Stephen L. Thompson

  41. Tyrsis Trust Limited

  42. ZB Forex Ltd.

2 Likes

When even Belize delicenses a broker then you know it’s a real shi*show…
Talk about bucketshops.

1 Like

Hahhahah, couldn’t agree more. And obviously the Belize regulator wishes to boost its reputation although I’m not sure if it’ll be possible at all.

belize really don’t have a bad reputation like some other offshore tax havens

This made me smile!

I was thinking the same thing. Well, better late than never, I guess.