Finanstilsynet warns against investment services from 4Markets

Finanstilsynet has received information that the online trading platform 4Markets is being marketed to Norwegian consumers. The company provides services through the website trade.4-mkt.com.

Finanstilsynet wishes to draw attention to the fact that the platform is not authorised to provide investment services in Norway and therefore does not hold the authorisation required under Norwegian law. This means that Finanstilsynet does not supervise or approve the services offered by the website. Finanstilsynet therefore advises investors not to enter into agreements with or transfer funds to 4Markets.

Investors should exercise particular caution when approached by entities that promise high returns, use aggressive marketing on social media, or encourage them to install remote access software. Finanstilsynet recommends that investors verify whether a firm holds the necessary authorisation before transferring funds or entering into agreements for investment services.