Vantage responds to Consob's blocking order in Italy and emphasizes regulatory compliance and service enhancements.
Vantage forex broker has responded to Consob's recent blocking order in Italy, where the Italian regulator ordered internet service providers to block access to websites suspected of offering investment services without proper licenses. Among the websites affected was Vantage-Markets.com, owned by Vantage Global Limited.
Vantage forex broker clarified its stance, stating that it does not conduct business in jurisdictions lacking the appropriate licenses, including Italy.
This ASIC-regulated broker emphasized its commitment to regulatory compliance and responsible conduct, highlighting its licenses from the Vanuatu Financial Services Commission (VFSC), The Financial Sector Conduct Authority of South Africa (FSCA), and the Australian Securities and Investments Commission (ASIC).
Vantage forex broker reiterated its adherence to regulatory guidelines set forth by these governing bodies.
This fast-execution broker has implemented measures on its website to demonstrate its commitment to preventing access from unregulated jurisdictions. Visitors attempting to access the site from such regions are promptly informed that Vantage does not operate in their home jurisdiction.
Amidst regulatory developments, this low-spread broker has been focused on enhancing its offerings. Recently, this no-commission broker announced a comprehensive integration with TradingView, a popular charting platform to provide clients with expanded trading opportunities.
This move follows the release of an updated trading app and the expansion of index CFD offerings, particularly focusing on Asian indices. These enhancements align with Vantage's "new year, new look" campaign, including a website revamp in 2024.
This multi-asset broker's response to regulatory challenges and continuous efforts to improve its services underscores its commitment to delivering a responsible and professional trading environment for its clients.
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