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UCRFIN in Media
UCRFIN has commented on bankruptcy of several Ukrainian Forex brokers
In the course of last several months a number of Ukrainian Forex brokers, which had been previously carrying on vigorous business activities, had emphasized their stability and attracted clients, have announced their insolvency. Bankruptcy or spontaneous close of operations has badly affected the traders, the majority of whom have failed to withdraw their earnings or invested money. In many cases this went along with actual absence of any official comments from brokers’ part and impossibility to receive information on money withdrawal procedure. The problem’s detailed analysis provided reasons to believe the failed brokers were far from complying with Forex business
>>>>UCRFIN’s Chairman of the Board gave an interview to Forex Magnates
October 20-23, 2014. Chairman of the Board of UCRFIN Association Oleksiy Atroshchenko gave an interview to Forex Magnates – one of the leading international online resources on Forex business. The interview was devoted to the phenomenon of financial pyramids on Ukraine’s Forex market, which is the consequence of absence of respective legal regulation and which brings serious risks to investors and Forex business reputation in general. Mechanisms of pyramid’ functioning on Forex market and their major features were distinguished, ways of solving this problem in Ukraine were discussed. To read the full interview (in two parts, in Russian), please click
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