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Algobit Ltd (Videforex)



Algobit Ltd (Videforex) - Waarschuwing AMF France - 2018-Jun-22



The Autorité des marchés financiers and the Autorité de contrôle prudentiel et de résolution warn the public against the activities of several websites and entities proposing forex investments without being authorised to do so
Published on June 22, 2018

The AMF and the ACPR are publishing a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so.

Here is the new website recently identified:
- www.binarycent.com / Cent Projects Ltd / Finance Group Corp.
- www.raceoption.com / Affort Projects SA / Finance Group Corp.
- www.videforex.com / Affort Projects SA / Finance Group Corp.

A list of all unauthorized websites to offer investments on the unregulated foreign exchange (Forex) market is available in the AMF’s website (section: Espace Épargnants > Protéger son épargne > Listes noires) and Assurance Banque Épargne Info Service - ABE IS's website (section: Vos démarches > Se protéger contre les arnaques > Les listes noires des sites internet et entités non autorisés).

These websites may change very quickly and this list is not intended to be exhaustive.

To ensure that the intermediary offering banking or financial products or services is authorised to operate in France, you can view the register of financial agents (https://www.regafi.fr) or the list of authorised intermediaries in the financial investment advisor (FIA) or participating investment advisor (PIA) categories (https://www.orias.fr/search).

If the intermediary in question is not on any of the last two lists, we strongly recommend that you should not make use of their services, as they are in breach of the applicable legislation and are not required to comply with basic rules of investor protection, information disclosure and claims handling.

About the AMF
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected, that investors are provided with adequate information and supervising the orderly operation of markets. Visit our website www.amf-france.org.

Do you have any questions? For all information, go to the following websites:
Assurance-Banque-Epargne Info Service: https://www.abe-infoservice.fr/ or call 0811 901 801, Mondays to Fridays from 8am to 6pm.
AMF: http://www.amf-france.org or call 01 53 45 62 00, Mondays to Fridays from 9am to 5pm.
ACPR: https://acpr.banque-france.fr/

Press contacts:
AMF Communication directorate - Caroline Richard - Tél : +33 (0)1 5345 6039 ou +33 (0)1 5345 6028
ACPR Communication Departement - Emmanuel Carrère - Tel. : + 33 (0)1 4244 3984 ou + 33 (0)1 4244 3707


2019-07-08, Public warning by CNMV Spain against Videforex:

CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM

Pursuant to the second paragraph of Article 17 of the Securities Markets Law (recast text approved by
Royal Legislative Decree 4/2015, of 23 October), the Comisión Nacional del Mercado de Valores (National
Securities Market Commission) warns that:

www.videforex.com
Videforex
Algobit LTD

is not authorised to provide the investment services detailed in Article 140 of the Securities Markets
Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d),
f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the
said Law, including, for those purposes, foreign currency transactions.

For any enquiries, please contact the Comisión Nacional del Mercado de Valores enquiry line on
900 535 015 or visit CNMV’s website (www.cnmv.es).

8 July 2019.