Italian CONSOB warns of 5 platforms (FullMarkets, ABSystem ...)

Italian regulator of financial markets, CONSOB, informed about the addition of 5 entities offering their services illegally to the list of warnings. This group includes, among others Berandora Ltd.to which the site belongs fullmarkets.com or AB Systembehind which the company stands Donnybrook Consulting LTD). It is this company that scams like OnyxProfit, OptiMarkets, Euro Fx or Energy-Markets. Both of these entities have already passed through blacklists other European regulators.

Watch out for unauthorized brokers!

The reason for the warning is the same for all 5 entities - there are no regulations or licenses allowing for brokerage in financial markets. Usually, in such cases, you can immediately say that we are dealing with a scam, i.e. a typical scam, the purpose of which is to obtain funds from unaware investors.

The Italian regulator is one of the most effective and preventive institutions that reacts to reports very quickly and immediately blocks access to illegal websites.

CONSOB warns against 5 entities:

Full Markets

• Website: www.fullmarkets.com
  Company name: Beradora Limited

AB System

• Website: www.absystem.trade
  Company name: Donnybrook Consulting Limited

NGTCM

• Website: www.ngtcm.com

24waysFx

• Website: www.24waysfx.com
  Company name: 24X7 Limited

platinex

• Website: www.platinex.io
  Company name: Lithe Group Limited

The official statement of the CONSOB

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.