Demini Trades among 30 new FCA warnings
Find out more about the Demini Trades scam and the 30 entities recently added to the UK Financial Conduct Authority warning list. The regulator warns that these firms operate without authorization.
Most of the flagged platforms promote forex, CFD, and cryptocurrency trading services to retail investors. The update also includes websites using names associated with prominent brands, such as musk-trade.org and teslawealthdynamics.com.
⚠️ At a glance
- New entities on warning lists: 30
- Regulators: 🇬🇧 FCA 30
- Crypto offers: 21
- CFDs or forex: 21
Key warnings of the day
DEMINI TRADES — FCA
According to the UK FCA, this entity listing addresses in London and Frankfurt offers financial services without authorisation. Investors are advised to exercise extreme caution.
Shellnovatrade — FCA
The firm promoted CFDs, forex, crypto assets, and stocks without regulatory authorization. The FCA issued an official warning against using its services.
musk-trade.org — FCA
The website uses a name mimicking a well-known public figure to offer unlicensed forex and crypto services. The FCA added the domain to its warning list.
teslawealthdynamics.com — FCA
The platform offering CFD and cryptocurrency services operates in the UK market without proper permission, as highlighted by the FCA.
Full list of warnings — October 20, 2026
🇬🇧 FCA (United Kingdom) — 30 warnings
DEMINI TRADES
According to the FCA, the firm provides financial services in the UK without authorisation, displaying addresses in London and Frankfurt.
- Websites: deminitradefx.com
- Warning date: Oct 19, 2026 · Regulator notice FCA
Shellnovatrade
According to the FCA, the unlicensed platform offers forex, CFDs, stocks, and crypto assets.
- Websites: shellnovatrade.com
- Offering: stocks and bonds, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 8, 2026 · Regulator notice FCA
tstarcapital.com
Was added to the FCA warning list for providing unauthorized CFD and cryptocurrency trading services.
- Websites: tstarcapital.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
goldnetvest.com
According to the UK regulator, the website offers forex, CFD, and crypto trading without the required license.
- Websites: goldnetvest.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
caglobalchain.com
Provides unauthorized services in derivatives and digital asset trading, according to information from the FCA.
- Websites: caglobalchain.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
musk-trade.org
Offers unauthorized CFD and cryptocurrency services using a domain name mimicking a well-known individual.
- Websites: musk-trade.org
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
teslawealthdynamics.com
According to the FCA, the firm conducts forex and cryptocurrency activities without proper authorisation.
- Websites: teslawealthdynamics.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
fortanexcapital.com
Was flagged by the FCA as an unauthorized entity offering investments in CFDs and digital assets.
- Websites: fortanexcapital.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
velstrade.co
Provides financial services in the UK without authorisation, according to a notice published by the FCA.
- Websites: velstrade.co
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
jbbsspecialtrades.xyz
According to the UK regulator, the site offers unauthorized forex, CFD, and cryptocurrency trading services.
- Websites: jbbsspecialtrades.xyz
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 19, 2026 · Regulator notice FCA
capitalaxis.net
Operates in the financial sector without the required FCA licence.
- Websites: capitalaxis.net
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
Stanbicprimetrade.com
Was added to the FCA warning list for offering financial services without appropriate authorization.
- Websites: stanbicprimetrade.com
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
tradingspaceworldwide.com
According to the FCA, this entity provides and promotes financial services without required regulatory consent.
- Websites: tradingspaceworldwide.com
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
tradenords.com
Offers services without the necessary permits, as officially highlighted by the FCA regulator.
- Websites: tradenords.com
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
investscaribbean.com
Was added to the list of unauthorized entities published by the FCA.
- Websites: investscaribbean.com
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
Olxavastrade.com
Conducts unauthorized financial market activities according to the UK regulator FCA.
- Websites: olxavastrade.com
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
bitnestpips.com
Was reported by the FCA as an unlicensed provider of CFD and crypto trading services.
- Websites: bitnestpips.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
iclubdividends.com
Offers investment options in CFDs and digital assets without FCA authorisation.
- Websites: iclubdividends.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
pincapinvest.com
According to the FCA warning, the firm promotes financial services without holding appropriate rights.
- Websites: pincapinvest.com
- Offering: other products
- Warning date: Oct 8, 2026 · Regulator notice FCA
wealthiumglobal.com
Provides unauthorized trading in CFDs and crypto assets according to the UK FCA.
- Websites: wealthiumglobal.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
cardpointsonline.com
Was placed on the FCA warning list for offering forex and digital assets without a license.
- Websites: cardpointsonline.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
fpcgrowthtrade.com
According to the FCA, the entity conducts unauthorized retail CFD and cryptocurrency trading operations.
- Websites: fpcgrowthtrade.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
futuretradeyield.com
Offers financial services based on forex and digital assets without required registration.
- Websites: futuretradeyield.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
Sterlingpointbrokerage.com
Operates brokerage activities without an FCA license, offering CFD and crypto trading.
- Websites: sterlingpointbrokerage.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
globalvest.cfd
Was reported by the FCA for offering unauthorized investments in forex and crypto.
- Websites: globalvest.cfd
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
spacevisionx.com
Offers investment services without required permissions in the UK, according to the FCA.
- Websites: spacevisionx.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
en.vinesassets.com
Provides derivative and cryptocurrency trading services without holding FCA approval.
- Websites: en.vinesassets.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
apexprimetrade.com
Was classified by the FCA as an unauthorized provider of forex and crypto trading services.
- Websites: apexprimetrade.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
alaiinjuniors.com
Conducts unauthorized operations in offering investments in digital assets and CFDs.
- Websites: alaiinjuniors.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 2026 · Regulator notice FCA
zederinvestment.com
According to the UK regulator, offers financial instrument trading services without a required license.
- Websites: zederinvestment.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 7, 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.
