The Malta Financial Services Authority (“MFSA”) refers to the Notice to the General Public published on 03.04.14 regarding online foreign exchange (forex or FX) brokers offering their services or otherwise seeking to attract business without being duly licensed or authorized. The MFSA has become aware of two such entities operating under various names and which purport to be licensed by the MFSA:

i. FXDealer, FX Dealer, FX Direct Dealer or Fxdealer.us which is known to have an internet presence at http://www.fxdealer.us/; and

ii. Sky Forex or Sky Forex Europe which is known to have an internet presence at http://www.skyforex.org.uk/.

The MFSA wishes to alert the public, in Malta and abroad, that the above mentioned entities are NOT companies registered in Malta NOR are they entities licenced by the MFSA to provide any type of financial service which requires authorization or a licence in terms of law. Accordingly, the MFSA warns the public against entering into any transactions or otherwise dealing with these entities.

The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the person or entity with whom the transaction is being made is licensed or otherwise authorised by the MFSA or by another reputable financial services regulator to provide such services.

A list of entities licensed and authorised by the MFSA is available from the Malta Financial Services Authority, and can be viewed on the MFSA website at www.mfsa.mt.