Select your language

YorkCG and the home for professional traders - Warning Published by Austrian Financial Market Authority (FMA)

YorkCG & This email address is being protected from spambots. You need JavaScript enabled to view it.: FMA stops trading platform

The trading platform YORKCG states that they have the most advanced account types, packed with a wide variety of special investing tools that could upgrade your trading experience. YorkCG should be an online trading platform providing its customers the option to trade on over 1,000 underlying assets such as currencies, indices, commodities and stocks.

But according to the Financial Market Authority FMA, the provider is not entitled to provide banking business in Austria.

According to a report from the Austrian Financial Market Authority (FMA), the FMA announced in the official gazette "Wiener Zeitung" that YorkCG is not authorized to provide banking transactions requiring a license in Austria. Therefore, the provider is not permitted to trade on its own or for another's account (§ 1 para. 1 no. 7 BWG).

Warnings from supervisory authorities have been issued, YorkCG

Warnings from supervisory authorities have been issued in regard to YorkCG. List of warnings issued by financial supervisory authorities regarding YorkCG in EU/EEA-countries can be seen as follows:

The Austrian Financial Market Authority (FMA) added the unregulated firm YorkCG to its warning list. The regulator stated that this entity YorkCG is not allowed to trade on a commercial basis on its own account, nor on behalf of others, as these transactions in Austria require a license.

By publication in the official gazette “Amtsblatt zur Wiener Zeitung” the FMA informed that

YORKCG, Beachmont Business Centre, Suite 37, Kingstown, St. Vincent und die Grenadinen

Tel.: +44 2033180401, +43 720880145, +61 394520463

Web:, E-Mail: support[@], Anna.di[@]

 is not entitled to carry out banking transactions in Austria that require a licence.

According to the provided information on these websites it is believed that YorkCG has been providing financial services or products without authorisation. In cases of investment companies / firms which are acting without authorisation of the relevant financial supervisory authority and which are targeting people in the EU precaution is recommended. Find out how to protect yourself from scammers and possible investment frauds by reviewing our provided information as follows:

> Avoid Fraud, Rip Deals, Investment Frauds: Protect Your Money

We are happy to offer you comprehensive and expert advice!

Your Attorneys in Europe, Austria, Law Experts Attorneys Europe, Austria - In Cooperation With Our Partner Firms We Provide You With Legal Advice Worldwide.

The contents of our website, such as text, graphics, images, information and other material contained are for informational purposes only. The information provided does not make any statement about proceedings, clients, opposite parties, claims et cetera and is of a general nature. With regard to the listed companies, persons or facts, therefore, only general and non-binding information can be made available which does not permit any statement as to any pending or already initiated proceedings or to what extent the enforcement of a legal claim can be successful or the claim itself justified. The information given is therefore general and non-binding legal information and information on situations that do not claim to be current, complete and correct. All non-binding information is provided solely as a public and free service and does not constitute a client or advisory relationship. Our website contains unsealed information and articles on many legal topics; however, no warranty whatsoever is made that any of the articles are accurate. There is absolutely no assurance that any statement contained in an article touching on legal matters is true, correct or precise. Thus, the information is provided "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained on this website. Law varies from place to place and it evolves over time, sometimes very quickly. The legal information provided is of a general nature and unsealed and cannot substitute an assignment of an attorney who can apply it to the particular circumstances of your case. We shall not be liable for any loss or damage of whatever nature (direct, indirect, consequential, or other) whether arising in contract, tort or otherwise, which may arise as a result of your use of (or inability to use) this website, or from your use of (or failure to use) the information on this site. All materials posted on this website are protected by the copyright laws in Austria and in foreign countries.

Legal Information & Proceedings - YorkCG and the home for professional traders - Warning Published by Austrian Financial Market Authority (FMA)