Belgian regulator warns of 30 Forex / Crypto scams. Be careful!
The beginning of October brings as many as 30 new warnings against scams and unregulated brokers that have hit the "black list" of the Belgian FSMA regulator. Among them are forex and crypto scams. Details below.
We advise you to be very vigilant and warn you against using the services of non-regulated entities.
There are many scams on the market and people impersonating legally operating companies, and the number of them is growing all the time. Such entities are just waiting for a careless investor to fall victim. Recovering funds is not always possible. In addition to reporting the matter to the police or to an institution regulating financial markets (e.g. Polish Financial Supervision Authority), however, it is worth reading the information that may be helpful in the fight to recover the money.
We warn against using the services of unlicensed companies. Before opening an account, always make sure it is correct the broker has the appropriate regulations and permits at the indicated financial market supervisory institution.
FSMA Warns Of 30 Forex / Crypto Scams
The regulator of the Belgian financial market, the Financial Services and Markets Authority (FSMA), has placed 30 entities on the list of warnings that offer financial intermediation services without the required permits. The vast majority of these are typical scams, i.e. entities whose sole purpose is to obtain funds from unaware investors.
Definite Area
Scam recidivist. Earlier, this entity was informed by the regulator from Spain.
- Web page: www.definitearea.com
cryptoneyx
- Web page: www.cryptoneyx.com / www.cryptoneyx.io
DGTL-Trade
- Web page: www.dgtl-trade.com
Ejinvesting
- Web page: www.ejinvesting.com
Finu Trade
Scam recidivist. Earlier, this entity was informed by the regulator from Spain.
- Web page: www.finutrade.com
FX Elite Trader
- Web page: www.fx-elitetrader.io
GFE Markets
- Web page: www.gfemarkets.com
GigaChains
Scam recidivist. Earlier, this entity was informed by the regulator from Austria.
- Web page: www.gigachains.com
Green Capitalz
Scam recidivist. Earlier, this entity was informed by the Italian regulator (CONSOB).
- Web page: www.greencapitalz.com
GreenLinePro
- Web page: www.greenlinepro.com
G Stock
- Web page: www.gstocklegal.com
hubble bit
Scam recidivist. Earlier, this entity was informed by the Swiss regulator (FINMA).
- Web page: www.hubblebit.com / www.hubblebit.vip
iCorp Securities
Scam recidivist. Earlier, this entity was informed by the regulator from Spain (CNMV).
- Web page: www.icorpsecurities.com
iNet Markets
- Web page: www.inetmarkets.com
JH Group / HKJUHUI Wealth
Scam recidivist. Earlier, this entity was informed by the regulator from Spain (CNMV).
- Web page: www.hk-atf.com
MarketsBank
- Web page: www.marketsbank.com
MiningFXbitcoin
- Web page: www.miningfxbitcoin.com
NAB Crypto
Scam recidivist. Earlier, this entity was informed by the regulator from Great Britain (FCA).
- Web page: www.nabcrypto.io
Onotex
- Web page: www.onotextrade.com
Plus12
- Web page: www.plus12.io
Priority Markets
- Web page: www.priority-markets.com
Profi Trade 24/7
- Web page: www.profitrade247.com
Quantrix-Capital
- Web page: www.quantrixcapital.net / www.quantrix-capital.com
QuantumAI
- Web page: www.quantum-ai-trading.com
SkyNetTrades
- Web page: www.skynettrades.com
SmartTradeGroup
Scam recidivist. Earlier, this entity was informed by the Swiss regulator (FINMA).
- Web page: www.smart-trade-group.com / www.smart-trade-group.net
SwissChains
- Web page: www.swisschains.com
Tandem Markets
Scam recidivist. Earlier, this entity was informed by the French regulator (AMF).
- Web page: www.tandemmarkets.com
TradeBaionics
Scam recidivist. Earlier, this entity was informed by the regulator from Spain (CNMV) and Italy (CONSOB).
- Web page: www.tradebaionics.com / www.tradebaionics.net
Trade Coin
- Web page: www.trade-coin.com