Watch out for 28 scams that European regulators are warning against

28 scams – this is the number of new scams recently reported by regulatory institutions from countries such as Italy, Switzerland and Spain. Among them there are scams pretending to be Forex/CFD brokers, clone companies that impersonate legally operating institutions, as well as illegal entities from the investment industry that offer side services (e.g. investment signals, purchase of cryptocurrencies).

We recommend that you be particularly vigilant when establishing new cooperation and warn against using the services of unregulated entities.

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.

Italian CONSOB against 8 scams

The Italian regulator of financial markets, CONSOB, has added to the list of public warnings 8 entities that illegally offer brokerage services in the Forex and CFD markets. These are:

Prime Markets

• Web page: primemarkets.co.com

Fintech Market

• Web page: fintechmarket.consulting

Nadex CFDs

• Web page: nadexcfd.com
• Entity name: Nadex CFDs Limited

Luxem Capital

• Web page: luxemcapital.com
• Entity name: Luxem Capital, Inc.

CapitalFxm

• Web page: www.capitalfxm.com

Aw Fx Bank

• Web page: www.awfxbank.com

Index Accounting

• Web page: www.optimainvesting.com, www.incapindex.com, client.fincapindex.com

Finex Finance Global

• Web page: www.finexfinanceglobal.com

The official statement of the CONSOB

8 new scammers on the Swiss list

The Swiss financial watchdog, FINMA, has added 8 scams to its alert list. The so-called clones, i.e. scammers impersonating legally operating entities, using their brand, name (or fragments) or address data / license numbers.

Allox Investment (clone)

• Web page: alloxinvestment.com

Swiss International Asset Management

• Web page: swissam.ch
• Entity name: Swiss International Asset Management AG

Ariol Investment Group

• Web page: ariolinvgroup.com

Tradeuros

• Web page: tradeuros.com

Robo Invest

• Web page: roboinvest.at
• Entity name: Robo Invest Plc

Alta Digital Inc (clone)

• Web page: altadigitalinc.com

Ariola Holdings (clone)

• Web page: ariolaholdings.com

Alliance Inv Group (clone)

• Web page: allianceinvgroup.com

FINMA's official alert list

CNMV warns of 12 scams

CNMV, the supervision regulating the financial market in Spain, informed about 12 entities that operate illegally, without appropriate permits and licenses. Among them are both "brokers", crypto entities and ancillary service providers.

adswap

• Web page: adswap.com

Ark Coin

• Web page: arkcoin.cc / arkcoin.live
• Entity name: Flack Consulting LLC

Bibox Technology Oü

• Web page: bibox.com

Ct Matador

• Web page: ctmatador.com
• Entity name: Wind Holdings Ltd

Import Capital

• Web page: importcapital.cc

Lenz Capital

• Web page: lenzcapital.pro

Madeira Invest Club

• Web page: madeirainvestclub.com
• Entity name: Proelucyon, LLC

polarbtc

• Web page: polarbtc.com

Forex Signals

• Web page: señalesforex.com / xn--sealesforex-2db.com

Valo Holdings Group

• Web page: surgetrader.com

Upstream

• Web page: upstream-market.com

Lenz capital

• Web page: lenzcapital.pro

Official CNMV Alert List