Aurora Trade and DMAsseteuBV among 30 new warnings from the FCA, ASIC, CONSOB and CNMV
Aurora Trade is among 30 entities added to the warning lists of the FCA, ASIC, CONSOB and CNMV, alongside FMYCOIN and Bit AI App. Regulators highlight firms operating online brokerage, forex derivatives, and crypto trading services without appropriate licenses.
Several entries involve clone operations, with ASIC reporting an entity mimicking Grovesta Pty Ltd and the FCA flagging PCPHero as an unauthorised clone firm. Entities such as DMAsseteuBV and Aurora Trade Limited had already been flagged by other European financial regulators.
⚠️ At a glance
- New entities on warning lists: 30
- Regulators: 🇮🇹 CONSOB 4 · 🇪🇸 CNMV 1 · 🇦🇺 ASIC 5 · 🇬🇧 FCA 20
- Crypto offers: 4
- CFDs or forex: 4
- Clones and impersonators: 2
Key warnings of the day
Aurora Trade Limited — CONSOB
Aurora Trade Limited was added to the warning list by Italy's CONSOB for offering financial services without authorisation. The entity was also previously flagged by Ukraine's NSSMC.
DMAsseteuBV — CONSOB
DMAsseteuBV provides financial services without the required permission according to Italy's CONSOB, which issued an enforcement notice. The company had previously been warned against by the Dutch regulator AFM.
PCPHero — FCA
PCPHero copies details of an FCA-authorised firm and has been identified as an unauthorised clone. The regulator notes it operates without permission while quoting a business address in Stockport.
Impersonation of Grovesta Pty Ltd (grovestafund.com) — ASIC
An entity impersonating Grovesta Pty Ltd was placed on the warning list by Australia's ASIC. The regulator reports the operation mimics the licensed firm without holding the required Australian licence.
Full list of warnings — October 28, 2026
🇮🇹 CONSOB (Italy) — 4 warnings
Lgquantichft
Operates without the required authorisation and is subject to an enforcement alert by Italian regulator CONSOB.
- Websites: lgquantichft-fund.com, app.trade-lgquantichft.com
- Warning date: Sep 24, 2026 · Regulator notice CONSOB
Aurora Trade Limited
Offers financial services without authorisation according to CONSOB, having previously been warned against by the NSSMC.
- Websites: aurora-trade.ltd, cfd.aurora-trade.ltd
- Previously also flagged by: NSSMC
- Warning date: Sep 24, 2026 · Regulator notice CONSOB
Spread Markets
Provides financial services without the required regulatory approval according to Italy's CONSOB.
- Websites: spread-marketfx.com, client.spread-marketfx.com
- Warning date: Sep 24, 2026 · Regulator notice CONSOB
DMAsseteuBV
Operates without license according to Italy's CONSOB and was previously placed on the AFM warning list.
- Websites: dmaeu.com, wt.dmaeu.com, clientzone.dmaeu.com
- Previously also flagged by: AFM
- Warning date: Sep 24, 2026 · Regulator notice CONSOB
🇪🇸 CNMV (Spain) — 1 warning
FMYCOIN
Offers investment services without the required authorization according to Spain's CNMV.
- Websites: fmycoin.com
- Warning date: Oct 26, 2026 · Regulator notice CNMV
🇦🇺 ASIC (Australia) — 5 warnings
Plaza Activoire (plazaactivoire-ai.net)
Provides financial services without holding the appropriate Australian license according to ASIC.
- Websites: plazaactivoire-ai.net
- Warning date: Oct 27, 2026 · Regulator notice ASIC
Impersonation of Grovesta Pty Ltd (grovestafund.com)
Impersonates an authorized company as an illegal clone according to Australia's ASIC.
- Other names: Grovesta
- Websites: grovestafund.com
- Warning date: Oct 27, 2026 · Regulator notice ASIC
Bit AI App (bitalapp.net)
Carries out financial services operations without valid regulatory licensing according to ASIC.
- Websites: bitalapp.net
- Warning date: Oct 27, 2026 · Regulator notice ASIC
Xyra Capital (xyracapital.net)
Offers financial services without the necessary authorization from Australia's ASIC.
- Websites: xyracapital.net
- Warning date: Oct 9, 2026 · Regulator notice ASIC
Ai App (australiandigitalreview.com)
Conducts financial service operations without proper regulatory clearance according to ASIC.
- Other names: DE3Marketers
- Websites: australiandigitalreview.com
- Warning date: Oct 7, 2026 · Regulator notice ASIC
🇬🇧 FCA (United Kingdom) — 20 warnings
PCPHero
Operates as an unauthorized clone copying a legitimate firm's details according to the FCA.
- Other names: motorrefunds.co.uk
- Websites: motorrefunds.co.uk
- Warning date: Oct 27, 2026 · Regulator notice FCA
STAR TRADE FINANCE
Provides and promotes financial services without authorization from the FCA, listing an address in Slough.
- Websites: startradefinance.net
- Warning date: Oct 27, 2026 · Regulator notice FCA
BITRUMARKET
Offers CFD, forex and cryptocurrency products without authorization according to the FCA.
- Websites: bitrumarket.icu
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 27, 2026 · Regulator notice FCA
tradeassetlimited.com
Provides financial services without FCA permission, using a business address in Chichester.
- Websites: tradeassetlimited.com
- Warning date: Oct 23, 2026 · Regulator notice FCA
Bit Trade Master
Offers financial products without authorisation from the FCA, providing a London contact address.
- Other names: bittrademaster.com
- Websites: bittrademaster.com
- Warning date: Oct 23, 2026 · Regulator notice FCA
Bit Trade Master / bittrademaster.com
Provides CFDs, forex derivatives and digital asset trading without FCA permission.
- Websites: bittrademaster.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 23, 2026 · Regulator notice FCA
Maxluxurymarketing.com / Maxluxury Marketing
Distributes CFD, forex and cryptocurrency services without regulatory permission from the FCA.
- Websites: maxluxurymarketing.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 23, 2026 · Regulator notice FCA
vbitfxbroker.com
Promotes crypto assets and CFD forex derivatives without authorization from the FCA.
- Websites: vbitfxbroker.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
bluepeakasset.com
Provides investment and financial products without authorization according to the FCA.
- Websites: bluepeakasset.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
autos-finance.com
Markets financial products to UK consumers without regulatory approval from the FCA.
- Websites: autos-finance.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
fluxedoramarkets.com
Conducts financial business without obtaining the required permission from the FCA.
- Websites: fluxedoramarkets.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
standardassetlimited.com
Offers unauthorized financial investment services according to the warning from the FCA.
- Websites: standardassetlimited.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
sicurotrade.org
Operates financial trading and investment services without license from the FCA.
- Websites: sicurotrade.org
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
iqto.trade
Carries on unauthorized financial activity according to findings by the FCA.
- Websites: iqto.trade
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
digitassetmanagement.com
Promotes asset management and financial services without permission from the FCA.
- Websites: digitassetmanagement.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
www.firstsourceinvest.com
Delivers investment products to UK consumers without regulatory approval from the FCA.
- Websites: firstsourceinvest.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
silverglobalinvestments.com
Targets investors with financial services without authorization according to the FCA.
- Websites: silverglobalinvestments.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
applerockasset.com
Offers financial products without holding the necessary authorization from the FCA.
- Websites: applerockasset.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
assetgrowthltd.com
Operates financial service solutions without registration with the UK's FCA.
- Websites: assetgrowthltd.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
alliedstockslimited.com
Provides unauthorized financial market services according to warnings from the FCA.
- Websites: alliedstockslimited.com
- Offering: other products
- Warning date: Oct 23, 2026 · Regulator notice FCA
🛡️ How to protect yourself
- Before you deposit money, check the broker’s licence in the regulator’s register — our guide on how to verify a broker’s licence walks you through it.
- Watch out for names that closely mimic well-known firms — clones copy the logos, addresses and licence numbers of genuine brokers.
- Never install remote-desktop apps or share SMS codes with anyone who offers to “help you invest”.
- Search the full database on our warning list, and compare vetted brokers in our forex broker ranking.
Data source: IOSCO I-SCAN (International Securities and Commodities Alerts Network) and the warning lists and notices of the regulators listed (including the KNF public warning list, the FCA Warning List and the AMF blacklists). Entity data is reproduced without alteration; descriptions and commentary by the ForexRev editorial team.
Disclaimer: This article is for information purposes only. An entity’s presence on this list means a regulator has issued a warning about it — it is not a court ruling. Always check the details in the regulator’s notice. Trading leveraged CFDs carries a high risk of losing money.
This article contains AI-generated content.
