UPDATE: TD Markets is now regulated by the FSCA and this warning no longer applies. You can safely trade with TD Markets now know that you’re working with a broker that’s regulated to offer trading services in South Africa.
The Financial Services Board (FSB) warns the public against conducting financial services business with TD Markets, purporting to be registered in UK and Saint Vincent.
TD Markets and/or George van der Riet are not authorised to render financial services in South Africa and are not representatives of an authorised financial services provider as required by the Financial Advisory and Intermediary Services (FAIS) Act, 37 of 2002.
The FSB again reminds consumers who wish to conduct financial services with an institution or
person to check beforehand with the FSB on either the toll free number (0800110 443) or on the
website www.fsb.co.za as to whether or not such institution or person is authorised to render
financial services.
Publication Date: 6 October 2017
Enquiries: Ms Tembisa Marele
Communications Specialist
Financial Services Board
Email address: Tembisa.Marele@fsb.co.za
Telephone: 012 428 8025
Cell: 083 754 2052
Are you trading with TDMarkets?
How has this announcement impacted your decision to trade with them? Are you staying? Are you moving to another broker? Please let me know in the comments below.
