Beware of 30 New Investment Scams, Including Blackrock and AvaTrade Clones

The first half of February 2024 is full of announcements regarding as many as 30 new investment frauds that were reported by regulators from Italy (CONSOB) and the United Kingdom (FCA). They concern illegal activities of entities from the Forex and cryptocurrency industries, and include fragments of the names of entities known in the industry, such as Blackrock, Apex, Axia or Ava Trading. Details below.

Watch out for these "brokers"!

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.

Below we present a list of entities included in the warning lists divided by countries/regulators who decided on it.

Italy – CONSOB

Italian supervision CONSOB warns against three scammers. These are:

StormInvest

• Web page: storminvest.org

Nextgentrading

• Web page: nextgentrading.io

Finexleaders

• Web page: finexleaders.eu

AI2Trade Ltd

• Web page: ai2trade.com

Axia Group Ltd and Axiacvs

• Web page: axiacvs.co

Official CONSOB warning list

Great Britain – FCA

The British regulator FCA does not disappoint and once again informs about a whole host of Forex and Crypto scams that try to deceive unaware investors. Below is a list of as many as 25 entities:

Blackrock Fx Pro

• Web page: brfxpro.com

Avatradingpro

• Web page: avatradingpro.com

Crystals-Miners

• Web page: crystals-miners.com

Nacixtrade

• Web page: nacixtrade.com

Swift-Mining

• Web page: swift-mining.com / swifts-mining.com

Tradecapital Axis

• Web page: tradecapitalaxis.com

Finnexbot

• Web page: finnexbot.com

Swift Coin Trades

• Web page: swiftcointrades.com

Boi.eu.com

• Web page: Boi.eu.com

Jrothschild.org

• Web page: Jrothschild.org

Primuscapitalltd.com

• Web page: primuscapitalltd.com

Meta-D-Btc Trade

• Web page: metadbtctrade.com

Green Crypto Trades

• Web page: greencryptotrades.net

Finiex Capital

• Web page: finiexcapital.com

CryptoVision Limited

• Web page: cryptovisions.org

Conscious Crypto

• Web page: consciouscrypt.com

Boeing Financial Management Limited

• Web page: boeingltd.org

Mbf-limited.com

• Web page: Mbf-limited.com

Tonpex

• Web page: tonpex.com

Bi-Finance

• Web page: bi-finance.tech

Bitx Fx Trade Market

• Web page: bxtrademakes.online

Wisefex Invest

• Web page: wisefexs-invest.com

Wittyfx Limited

• Web page: wittyfx.com

Challenge Crushers

• Web page: thechallengecrushers.com

Apex Managements

• Web page: apexmanagements.com

Official FCA Alert List