Warnings against 14 Forex and Crypto entities: Solid Stocks, MaxiPlus, Bitcoin 24 Vantage FX

There has been another batch of warnings from financial market regulators against unlicensed entities and scams that are supposed to act as forex and cryptocurrency brokers. Below we present a list of 14 entities that have been entered on the "black lists" in 6 countries.

British FCA warns against 5 entities

Financial Conduct Authority (FCA), the regulator of the financial market from Great Britain, informed about adding as many as 5 entities to the list of warnings. These are:

GlobDeChain

• website: www.globdechain.com
• Official FCA warning

Solid Stocks

This entity uses the brand and data of the legally operating company "SolidStocks" (Solid Financial Solutions Limited, reference number: 612286).

• website: www.solidstocks.co / www.solidstocks.cc / www.solidstocks.c0
• Entity's full name: Scintilla Enterprise Limited
• Official FCA warning

Bitcoin 24 Vantage FX

This entity uses the similarity in the name with a legally operating broker from Australia - Vantage (formerly as Vantage FX).

• website: www.bitcoin24vantagefx.com
• Entity's full name: Bitcoin 24 VANTAGE FX Limited
• Official FCA warning

bitfargo

• website: www.bitfargo.io
• Entity's full name: Nexus LLC
• Official FCA warning

Crypto Prospect

• website: www.cryptoprospecttradingfx.com
• Official FCA warning

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.

Swiss regulatory authorities warn against Broker IdeaLawGroup

Swiss Financial Market Supervisory Authority - FINMA - the institution supervising the Swiss financial market, announced the addition of an entity to the list of warnings that does not have permits and authorizations to offer any financial services.

IdeaLawGroup

• website: www.idealawgroup.co
• Official FINMA warning

The Italian CONSOB warns against 5 entities

Commissione Nazionale per le Società e la Borsa (CONSOB), the Italian financial regulator, placed on the list of warnings as many as 5 new entities that acted illegally. These are:

EGL Sverige AB

• website: www.eglsverigeab.com

NewFX

• website: www.newfx.co
• Entity's full name: Big Horizons Limited / NewFx Limited

EuroMTS

• website: www.euromts.uk / www.euromts.io
• Entity's full name: Dzikanta Limited

Maxi Plus

• website: www.maxiplus.cc / www.maxiplus.trade
• Entity's full name: Seabreeze Partners Limited

ConiusFx

• website: www.coniusfx.com

CONSOB message

AMF warns against crypto entity

The French financial regulator, L'Autorité des marchés financiers (AMF), has listed the entity using the www.bitlionnaire.com website, which is to be used for trading in crypto assets.

billionaires

• website: www.bitlionnaire.com

Malta warns against Bristol Trading

Maltese regulator MFSA added bristoltradinglimited.com to the list of warnings. The reason is the lack of any permits and licenses to offer investment intermediation services.

Bristol Trading

• website: www.bristoltradinglimited.com
• Entity's full name: Bristol Trading Limited
• Official MFSA warning

Luxembourg adds to Forbschain's blacklist

The Commission de Surveillance du Secteur Financier (CSSF), supervisor dealing with financial market regulation in Luxembourg, warns against Forbschain. On the entity's website, you will find information about the financial services it offers and a false address of the registered office, which can be interpreted as a scam activity. Forbschain also does not have any licenses and permits.

Forbschain

• website: www.forbschain.com
• Official CSSF warning