Scam Alert: List Of Domains That Have Been Warned By Major Financial Authorities

Financial regulators play a critical role in maintaining the stability and integrity of the financial system by setting and enforcing rules and standards for financial institutions and markets, protecting consumers from financial fraud and abuse, and promoting financial literacy and financial inclusion. Financial regulators may be responsible for regulating banks, insurance companies, investment firms, and other types of financial institutions, as well as financial markets such as stock exchanges, bond markets, and commodities markets. They may also be responsible for regulating specific financial activities or products, such as mortgage lending, credit cards, or derivatives.

The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Belgium (Financial Services and Markets Authority - FSMA), Poland (Polish Financial Supervision Authority - KNF), Ontario (Ontario Securities Commission - OSC), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Argentina (Comisión Nacional de Valoresa- CNV), the Netherlands (Netherlands Authority for the Financial Markets - AFM), Spain (Comisión Nacional del Mercado de Valores - CNMV), Hong Kong (Securities and Futures Commission - SFC), Ireland (Central Bank of Ireland) and France (Authorité des Marchés Financiers - AMF) report the companies and websites offering investment, financial and insurance services without the required authorizations.

Reported by the Financial Conduct Authority (FCA) - United Kingdom:

• Adrofx (https://adrofx.com);

• Fxhubs (https://fxhubs.com);

• Forexuniontrades (https://forexuniontrades.com);

• Fxlive Traders (https://fxlivetraders.com);

• Graybitcrypto (https://graybitcrypto.live);

• General Fxs Exchange (https://generalfxsexchange.com/home);

• Bunksfx (https://bunksfx.com);

• Moon Shell Bank (https://moonshellbank.com/home);

• Ultra Fx Option / Ultrade Fx Options (www.ultrafxoption.com);

• Atomic Coin Venture (www.atomiccoinsventure.net);

• Buildreachy Ltd (www.buildreachy.ltd);

• Future Bright Investment (www.futurebrightinvestment.com);

• Fx Wealth (www.fxwealth.org);

• Bunksfx (https://bunksfx.com);

• Fptrades / fxpoptrades (https://www.fxpoptrades.com/home.php), a clone of a licensed company;

• Forexstackprofit (www.forexstackprofit.com);

• Bv Bank (www.bv-bank.com);

• Pro Max Finance (promaxfinance.co.uk);

• Cryptos Fintech (www.cryptosfintech.com);

• World Wide Lenders (www.worldwidelenders.co.uk);

• Trade Simple (www.tradesimple.org);

• Realfxtradeotf (www.realfxtradeotf.com);

• Nitro Forex (www.nitro-forex.com);

• Sonance Online Bank Plc (www.sonancebank.com);

• Growth Bank (www.growthbank.net);

• GoldVest Fx (www.goldvestfx.live);

• FxUnlocked (www.fxunlocked.com);

• Trust Cap Fx Ltd (www.trustcapfxltd.online);

• FxMetaTrade (www.fxmetatrade.net);

• Forex4u (www.forex4u.co.uk);

• Acetoro (www.acetoro.com), clone of a licensed company;

• Aoi Union Bank (www.aoiunionbank.com);

• Delta Fx (www.delta-fx.org);

• Goldfinance Fx (www.goldfinancefx.net);

• Tsdl Finbank Uk Limited (www.tsdlbank.com);

• C-Tech Digital Crypto Currency (www.c-techdigitalcryptocurrency.com);

• Bing Forex Ltd (www.bingfxl.com);

• Glob Fx Trading (www.globfxtradings.online);

• www.cryptosaur.co.uk (clone of a previously registered company);

• Crypto Fortune Investment;

• Hubblebit (www.hubblebit.vip);

• Crypto Wallet (www.crypto-wallet.info);

• CryptoKG (www.cryptokg.io);

• Sparkle Finance - Direct Lender / Sparkle Finance Services Limited;

• Become Debt Free (www.becomedebtfree.org.uk);

• Bitscoinfx (www.bitscoinfxs.shop);

• Authpips Fx (www.authpipsfx.com);

• Coastal City Savings (www.coastalcitysavings.com);

• Capital Trust Investments (www.capitaltrust-investments.com);

• Fx Trade Gain (www.fxtradegain.com);

• Crypto Global Trades (www.cryptoglobaltrade.live);

• Forex Crypto Payout (www.forexcryptopayout.com);

• Ex Investment (www.ex-investment.com);

• Blue Ray Investment Group (www.bluerayinvestmentgroup.com);

• Desert Financial Bank (www.desertfinancialbank.com);

• Englandbank.Top (www.englandbank.top);

• Alliance Fx Limited (www.alliancefxltd.com);

• Altexintel.com (www.altexintel.com);

• Asset Builder (www.assetbuilder-limited.com);

• Blueberry Automated Market (www.blueberryautomatedmarket.com);

• Propnex Ltd (www.propnexltd.com);

• Piper Fx (www.piperfx.com);

• SaxoFXCompany (www.saxofxcompany.online);

• Powerbitfxsignal (www.powerbitfxsignal.com);

• Pelagiabank (www.pelagiabank.com);

• Fxminim (https://fxminin.com);

• Vantagefx365 (https://vantagefx365.com);

• Metafx Pay Trading (https://metafxpaytrading.com);

• Touch Cash Fx (https://touchcashfx.com);

• Chrimafx (www.chrimafx.com);

• Mondial Investments Limited (www.mondialinvestmentsltd.vip);

• Eu Fx Bank (https://eufxbank.com);

• Fxt Traders u(www.fxt-traders.ltd);

• Index Fx (www.indexfx.online);

• Luton Fx Trade (www.lutonfxtrade.net);

• Fx Investment Miner (www.fx-investmentminer.com);

• Fx Unlimited Trade / Unlimitedfxtrade (www.fxunlimitedtrade.com);

• Lqd Fx (www.lqdfx.com);

• Standard Crypto Currency (www.standardcryptocurrency.net);

• Hfx SwiftCapita (www.hfx-swiftcapita.com);

• ChandFxLtd (www.chandfxl.com);

• pretradefx.site (www.pretradefx.site);

• Capitextfx (www.capitextfx.com);

• Cryptoboasting (www.cryptoboasting.online);

• Trades Fx Pips / Fxtradepips (www.tradesforexpips.com);

• Fxbinax Tradex (www.fxbinax-tradex.online);

• North Global Fx (www.northglobalfx.com);

• fx cycle trader ltd (www.fxcycletraderltd.com);

• Brokerof.uk (www.brokerof.uk);

• Magic Loans / Magicloans.Uk (https://magicloans.uk);

• Ad Crypto Limited (www.adcryptoltd.com);

• Fx Morgan Capital (www.fxmorgancapital.com);

• GlobaloddFxTrades (www.globaloddfxtrades.com);

• Vintage Crypto (www.vintages-crypto.com);

• Primaxfx Global Trade Ltd (www.primaxfx.com);

• Moonletoken (www.moonletoken.co);

• Afx Capital Excel (www.afxcapitalexcel.com);

• Crypto Mart Trade (www.crypto-mart.trade);

• Njw Car Sales (www.njwcarsales.co.uk);

• Greenfrank Group Ltd (www.greenfrank.co.uk);

• Forexprofitsolutionsltd (www.forexprofitsolutionsltd.com);

• Upgradedtradefx (www.upgradedtradefx.com);

• Apextradefx24 (www.apextradefx24.com);

• bitsecuredfx.com (www.bitsecuredfx.com);

• Idealfxtrading (https://idealfxtrading.com);

• Fx Multitrades (https://fxmultitrades.com).

Reported by the Financial Services and Markets Authority (FSMA) – Belgium:

The Belgian Supervisory Authority, FSMA, warns investors against “Validus”, a platform located abroad that sells training in Belgium aimed at teaching people to trade complex financial instruments such as forex derivatives.

Anyone who subscribes to such training has access to educational videos, webinars, and live chat sessions with all kinds of information about how the forex market works. It explains what forex derivatives are, how exactly they can be traded, what kind of orders can be placed and what software can be downloaded for this purpose. The message conveyed is that forex trading offers opportunities as long as it has been studied thoroughly and you have a full understanding of how it works

Apart from the fact that the FSMA has doubts about the quality of these training courses, a number of other problems arise.

Firstly, the FSMA would like to point out that the distribution of derivatives traded on an electronic trading system involving leverage (including some forex instruments) is prohibited in Belgium.

Secondly, such educational materials are often distributed by way of a pyramid structure. In general, these are referred to as “MLM” (multi-level marketing) strategies, in which consumers are encouraged to bring in new members. In return, they receive consideration in the form of a commission or discount on the price of the training.

These MLM networks seem to be active on social media through countless (private) groups. It seems that these programs are mainly aimed at young people. The message is that everyone can afford a luxurious lifestyle as long as they bring in a sufficient number of new members and make an adequate investment in the training offered.

Offers of forex instruments via the internet are very risky and subject to fraud. Those who invest in forex instruments run the risk of losing the entire amount invested.

Surveys conducted on investors by other European supervisory authorities show that at least 75% to 89% of investments in derivatives, such as forex derivatives, are making a loss! These products are only suitable for those who really want to speculate, are ready to lose the entire amount invested or even more, and are familiar with derivative financial instruments. There have also been many cases of fraud involving these instruments. In a number of cases, it was discovered that no actual transactions were ever carried out by the bidder.

Reported by the Polish Financial Supervision Authority (KNF) - Poland:

• Remix Solutions Sp. z o.o.

Reported by the Ontario Securities Commission (OSC) – Ontario:

• NovaTech, Ltd (www.novatechfx.com);

• BitFinityFX (www.bitfinityfx.com);

• Tutor Inc. Academy;

• CoiniSwap (www.coiniswap.com);

• QuantumTrade Corp. / Quantum Global Trading – Dmcc (www.quantumtrading.io);

• Nymexidn (www.nymexidn.com);

• SogoTradez (www.sogotradez.com);

• Humility Investment (www.humilityinvestment.co);

• Polonxp.vip / Globtxsp.vip;

• Polo Digital Assets / Poloniex (https://www.poloniex.com);

• TrustLedgersChain aka TrustLedgerChain (www.trustledgerschain.com and www.trustledgerchain.com);

• The Liberty International (www.thelibertyinternational.com);

• Bitcore Exchange (www.bitcorecrypto.cc);

• Cryptospair (www.cryptospair.com).

Reported by the Swiss Financial Market Supervisory Authority (FINMA) - Switzerland:

• GrandCapital Cg (www.grandcapitalcg.com);

• https://couturionrealestatemanagement.org;

• Investor24 Financial Solutions GmbH (www.investor24.ch).

Reported by the Commission de Surveillance du Secteur Financier (CSSF) – Luxembourg:

• Welt Anlage o Welt Anlage Independent Investors Sa;

• Agile Finance Sa (www.agilefinancesa.com);

• https://www.uncintl.com;

Reported by the Comisión Nacional de Valoresa (CNV) – Argentina:

• Asin Srl - Asin Network Argentina (https://www.asinnetwork.net/#/https://asesoresdeinversio2.wixsite.com/asin; https://www.instagram.com/asinnetworkargentina/？hl=es-la; https://ar.linkedin.com/in/samuel-jaddess-5b6525176？original_referer=https%3A%2F%2Fww w.google.com%2F; https://ar.linkedin.com/in/samuel-jaddess-14a448219？trk=public_profile_samename-profile; https://www.facebook.com/samuel.jaddess.92).

Reported by the Netherlands Authority for the Financial Markets (AFM) - the Netherlands:

• Gmt Investments (www.gmtinvestments.com);

• Thinvest (https://www.thinvest.com);

• BigPeak Finance (https://bigpeakfinance.com);

• Prime Olympic (https://www.primeolympicpro.com);

• Metatrade (https://metatrade.fm);

• Capital Whale (https://www.capital-whale.com);

• Caplita (https://caplita.com);

• Ako Markets (https://akomarkets.com);

• Market Intelligence Team (https://www.finma.ch/en/finma-public/warning-list/mit-market-intelligence-team);

• RimpMarket (https://rimpmarket.org).

Reported by the Comisión Nacional del Mercado de Valores (CNMV) – Spain:

• https://uetrades.com;

• www.fnzeurope.eu (clone);

• Financial Focus Ltd (https://financialfocusltd.com);

• https://www.extrendcapfx.com;

• beka-market (www.beka-market.com), clone;

• Flow Investments (Grupo De Telegram) e Flow Dao (Grupo De Telegram) (https://t.me/flowpublico e https://t.me/flowinvestments);

• Trading de Universal Scale Investment LtdandEverest Capital Ltd (https://www.tradesuniversal.com);

• Global Success Management Inc. (https://globalsuccessmanagement.com);

• Marketing Instruments, Sl.

Reported by the Securities and Futures Commission (SFC) - Hong Kong:

• 瀚濤基金有限公司 (Chinese name).

Reported by the Central Bank of Ireland – Ireland:

• Pinnacle, a clone of a licensed company;

• Specialist Investment Funds, clone of a licensed company;

• Raiden Global, a clone of a licensed company;

• Avondale, a clone of a licensed company;

• Infinity Funds, a clone of a licensed company;

• Platform Capital, a clone of a licensed company;

• Libra Fg;

• D Lend Invest;

• QuickGet;

• Eureka Mittel;

• Fintrax Funds;

• My prepaid Bank;

• Tezos-Global, a clone of a licensed company;

• Coinbase Limited, a clone of a licensed company;

• FinanceOneLtd, a clone of a licensed company;

• Vanguard Group (Ireland) Limited, a clone of a licensed company;

• Icb Ireland Bank;

• Wca Private Ban.

Reported by the Autorité des Marchés Financiers (AMF) – France:

• www.1market.com/fr;

• www.24cryptoforextrading.net;

• bitictrade.com;

• boursecapital.net;

• www.cryptoneyx.io;

• fr.finaguide.com;

• lions-broker.com;

• www.multibankfx.com;

• fr.puprime.net;

• raisefx.com;

• www.t4trade.com;

• traderhouse.com;

• valutamarkets.com;

• www.vestapros.com;

• virtuscapital.world.

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