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GMoption goes to the Italian list of warnings
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GMoption goes to the Italian list of warnings

created Paweł Mosionek28 February 2017

The Italian financial market regulator, the National Commission for Companies and the Stock Exchange (CONSOB), has issued publicly warnings about three companies: GMoption, LinkGM Limited and BT Systems Ltd., even though they officially operate collectively under the website www.gmoption.com. All three brokers operate without authorization and permission to provide investment services and brokerage in Italy. This is yet another "wholesale" warning about investment firms from the Italian regulator. At the end of last year, we informed you about five companies that joined this infamous group.

Read: 100 thousand EUR penalties for the Cyprus broker and further warnings from regulators

GMoption is another binary options broker branded by regulators. After the release, on the website of the company registered in Great Britain in the "Information on risk" an excerpt about not accepting customers from the EU, in particular from Italy, was added.

Information about the risk on the GMoption website

Information about the risk on the GMoption website

The complete CONSOB message

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.