Risky investments: regulator expands list of suspicious platforms
6 April 16:43
Ukraine’s financial regulator has expanded the list of investment projects that may pose a risk to investors, according to [Komersant].
According to the National Securities and Stock Market Commission, two more platforms have been added to the list of questionable initiatives:
- Liber Trade
- xtp LTD
Following the update, the total number of projects on this list has reached 466.
Why are they considered risky?
The commission explains that platforms are included in this list if they show signs of potentially fraudulent activity or opaque investment schemes.
Specifically, this refers to:
- lack of a regulatory license;
- aggressive promises of high returns;
- non-transparent investment terms;
- difficulties in withdrawing funds.
The regulator emphasizes that a complete list of such projects is available on the commission’s official website in the section dedicated to investor protection.
Previous additions to the list
This is not the first expansion of the list in recent times.
Earlier, the National Securities and Stock Market Commission added several more platforms to the list, including:
- Exo Capitals
- iTrade
- Stakhova Invest
Later, Bulenox and Taxtrade were also added to the list.
What this means for investors
The regulator emphasizes that inclusion of a platform on such a list does not always mean proven fraud, but it is a signal of increased risks.
Therefore, investors are advised to do the following before investing:
- verify the presence of licenses;
- assess the transparency of the business model;
- avoid offers promising guaranteed high returns.
