Recently, there has been a noticeable expansion of various online trading platforms that allow citizens to trade different products (Forex instruments, CFDs, digital assets, etc.) without the appropriate licenses to conduct such activities. This often results in investors being defrauded or suffering financial losses.
The Securities Commission emphasizes that trading through platforms or individuals offering various financial services online, who are not located, registered, or licensed in the Republic of Serbia and are often not subject to the regulatory or supervisory authority of Serbian or other competent authorities, can be highly risky. In many cases, these are unauthorized and unregistered entities not subject to any regulatory oversight, often involving fraudulent activities.
