Japan's Finance ministry Kanto bureau has issued warnings against the forex broker HotForex and the binary options broker Monte Carlo Binary. According to the regulator, the company HF Markets (SV) Ltd, incorporated in the offshore zone Saint Vincent and the Grenadines and operating as HotForex, is not authorized to provide financial services in Japan. Furthermore, the watchdog notes, the address and company name may be false. What's fascinating about Monte Carlo Binary is that despite their name they're registered in the Seychelles. Talk about unethical advertising.
I think the company name is the least of unethical practices the customers need to worry about. Monte Carlo (disambiguation) Geography Montecarlo, Tuscany, a town in Italy Montecarlo (Misiones), a town in Argentina Monte Carlo, Santa Catarina, a city in Brazil Monte Carlo Resort and Casino, a luxury hotel on the Las Vegas Strip Monte Carlo, a mountain in San Marino Sports Monte Carlo Rally, a rallying event organized by the Automobile Club de Monaco Monte-Carlo Masters, a tennis tournament Monte Carlo Open (golf), a defunct European Tour tournament (1984-1992) C.D. Monte Carlo, a football club in Macau Circuit de Monaco, a street circuit for Formula One automobile racing Transportation Chevrolet Monte Carlo, an American automobile Lancia Montecarlo, an Italian automobile Monte Carlo (yacht), a motor yacht Media Monte Carlo (musical), an 1896 West End musical by Howard Talbot Monte Carlo (1925 film), a French silent film Monte Carlo (1926 film) Monte Carlo (1930 film), an Ernst Lubitsch musical comedy Monte Carlo (2011 film), distributed by 20th Century Fox Monte Carlo (miniseries), a 1986 TV miniseries starring Joan Collins Monte Carlo (song), a 2004 song by The Verve Monte Carlo (solitaire), a solitaire card game Monte Carlo (video game), a 1987 computer game Monte Carlo (arcade game), a 1979 racing game made by Atari Monte Carlo 930 AM, a Uruguayan radio station Monte Carlo TV, a Uruguayan television channel Monte Carlo (radio programme), a Danish radio program Science Monte Carlo method, a class of computational algorithms Monte Carlo integration, a method of numerical integration Monte Carlo option model, an option valuation model using Monte Carlo methods Monte Carlo algorithm, a randomized algorithm Monte Carlo localization, a algorithm for robots to localize People Sophia Montecarlo (born 1986), former contestant on the reality show Born Diva Monte Carlo (composer) (1883-1967), Danish-born Broadway composer and author Products and brands Monte Carlo (biscuit), a biscuit trademark owned by Arnott's Biscuits Holdings Monte Carlo (vodka), a French brand Monte Carlo stock, a style of rifle buttstock Monte Carlo Binary, an allegedly scam binary options provider