The Palestine Capital Market Authority (PCMA) issued a warning to the Palestinian public against engaging with electronic platforms, applications, individuals, companies, sponsored advertisements, or promotional campaigns related to trading in foreign global stock markets (Forex).
The PCMA reiterated in a statement that it has not granted any company, individual, or platform a license to engage in such activities and transactions.
The PCMA urged citizens to promptly report any violations by individuals or entities claiming to engage in trading in unlicensed foreign markets, so that appropriate legal action can be taken against them in accordance with the prevailing laws and regulations in Palestine.