AscendEX and Unrive among 30 new warnings from FI, AMF Québec and OSC
Searches for AscendEX scam are surging after the platform was included in a batch of 30 new regulatory warnings issued across multiple jurisdictions. The alerts stem from Sweden's FI, Canada's AMF Québec, OSC, BCSC and ASC, as well as Australia's ASIC.
Unlicensed crypto platforms and unauthorized CFD brokers dominate the latest updates. Swedish regulators highlighted a broad network of interconnected clone websites sharing identical visual layouts, while ASIC and Canadian authorities flagged further instances of unauthorized brand impersonation.
⚠️ At a glance
- New entities on warning lists: 30
- Regulators: 🇸🇪 FI 9 · 🇨🇦 OSC 5 · 🇨🇦 BCSC 5 · 🇨🇦 ASC 1 · 🇨🇦 AMF Québec 8 · 🇦🇺 ASIC 2
- Crypto offers: 19
- CFDs or forex: 11
- Clones and impersonators: 2
Key warnings of the day
AscendEX — AMF Québec
AscendEX (operating also under BitMax and AscendEX Technology S.R.L.) was blacklisted by AMF Québec for soliciting crypto investments without registration. The entity had already been flagged by France's AMF and Spain's CNMV.
Unrive — OSC
Unrive was flagged by the Ontario Securities Commission (OSC) for conducting unregistered securities and crypto trading activities. The firm had previously received an alert from British Columbia's BCSC.
Bedrock Monvex — FI
Bedrock Monvex was flagged by Sweden's FI for misconduct, with the regulator linking it to an extensive network of suspicious websites featuring an identical design layout. The entity targets investors across stocks, CFDs and crypto.
Full list of warnings — October 26, 2026
🇸🇪 FI (Sweden) — 9 warnings
PFM Financial Ltd (clone)
According to Sweden's FI, this clone entity operates without authorization, improperly impersonating PFM Financial Ltd.
- Company: PFM Financial Ltd (clone)
- Websites: pfmfin.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
3cgNorden
Flagged by Sweden's FI for conducting unauthorized investment and derivative services while claiming an address in Luxembourg.
- Company: 3cgNorden
- Websites: 3cg-norden.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
ABG Sundal Invest (clone)
According to the FI, this unlicensed entity clones the legitimate financial firm ABG Sundal Collier across multiple domains.
- Company: ABG Sundal Invest (clone)
- Websites: abgsundal-collier.com, abgsundalinvest.it, abgsundalinvest.com, abgsundalinvest.eu
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
Bedrock Monvex
Flagged by FI for unauthorized financial operations and tied by the regulator to a wider network of cloned template websites.
- Company: Bedrock Monvex
- Websites: bedrockmonvex.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
Aspen Bondmere
Cited by Sweden's FI for operating without a license as part of an interconnected cluster of duplicate trading portals.
- Company: Aspen Bondmere
- Websites: aspenbondmere.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
Whitehall Valtrix
Blacklisted by FI for unauthorized brokerage activity and sharing structural designs with a documented network of suspect websites.
- Company: Whitehall Valtrix
- Websites: whitehallvaltrix.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
Sterke Betalholm
Reported by FI for unauthorized trading services while sharing design traits with a group of flagged duplicate websites.
- Company: Sterke Betalholm
- Websites: sterke-betalholm-ai.nl, sterke-betalholm.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
nordeqinvest.com
Operates without regulatory approval while offering stocks, derivatives and crypto assets, according to Sweden's FI.
- Company: nordeqinvest.com
- Websites: nordeqinvest.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
altarawealthcore.com
Added to the warning list of Sweden's FI for providing financial trading services without the necessary authorization.
- Company: altarawealthcore.com
- Websites: altarawealthcore.com
- Offering: stocks and bonds, money-market instruments, investment contracts, CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice FI
🇨🇦 OSC (Canada (Ontario)) — 5 warnings
Easy Financials
According to the OSC, it is not registered to trade securities and has no connection to legitimate easyfinancial.com.
- Websites: easy-f.org, trade.auto-easyfin.com, easy-financial.org
- Offering: crypto and digital assets
- Warning date: Oct 20, 2026 · Regulator notice OSC
Alderstone Holdings
Engages in unregistered securities business in Ontario without holding the required regulatory authorization, reports the OSC.
- Websites: alderstone-holdings.org
- Warning date: Oct 20, 2026 · Regulator notice OSC
All Coin Ltd. aka Safe-Coin
Solicits crypto asset trading without the required securities registration, according to an alert by Ontario's OSC.
- Websites: safe-coin.org
- Offering: crypto and digital assets
- Warning date: Oct 20, 2026 · Regulator notice OSC
Unrive
Offers unregistered crypto asset trading in Ontario according to the OSC, having also been flagged earlier by the BCSC.
- Websites: unrive.io
- Offering: crypto and digital assets
- Previously also flagged by: BCSC
- Warning date: Oct 20, 2026 · Regulator notice OSC
BTCFANS
Operates across several web domains without securities registration in Ontario, according to findings by the OSC.
- Websites: btcfans.net, bitcoinwalas.com, btctradedfunds.com
- Warning date: Feb 10, 2025 · Regulator notice OSC
🇨🇦 BCSC (Canada (British Columbia)) — 5 warnings
Verso Investments
Placed on the BCSC warning list for promoting financial investment services without the required registration in British Columbia.
- Websites: versoinvestments.com
- Warning date: Oct 14, 2026 · Regulator notice BCSC
CCAMarkets
Flagged by British Columbia's BCSC for conducting financial market operations without the necessary regulatory credentials.
- Websites: ccamarkets.com
- Warning date: Oct 13, 2026 · Regulator notice BCSC
WestiQuant AI
Promotes automated investment services without holding the mandatory regulatory license, according to the BCSC.
- Websites: westiquant.com
- Warning date: Oct 13, 2026 · Regulator notice BCSC
Pepperstone Markets (no relation to Pepperstone Group Limited)
According to the BCSC, this entity has no relation to the authorized Pepperstone Group Limited despite using similar branding.
- Websites: peppermintschnaps.com
- Warning date: Oct 5, 2026 · Regulator notice BCSC
BSP Asset Management (no relation to a UK based company with the same name)
Warned by BCSC and ASC, with regulators clarifying it has no connection to an authorized UK entity sharing the name.
- Websites: bspassetmanagement.info
- Previously also flagged by: ASC, ASC (Kanada)
- Warning date: Sep 17, 2026 · Regulator notice BCSC
🇨🇦 ASC (Canada (Alberta)) — 1 warning
WiseProfitWay
Solicits investments without holding the required registration with the Alberta Securities Commission (ASC).
- Websites: wiseprofitway.net, wiseprofitway.com
- Warning date: Oct 20, 2026 · Regulator notice ASC
🇨🇦 AMF Québec (Canada (Quebec)) — 8 warnings
PrimeLuno
Offers forex and crypto derivatives without registration, with AMF Québec updating its warning to include new domains.
- Websites: primeluno.com, primeluno.com, primeluno-ltd.com, primeluno-ltd.net, primeluno-ltd.com, primeluno-ltd.net
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: May 20, 2026 · Regulator notice AMF Québec
Profit Masters Invest
Blacklisted by AMF Québec for soliciting crypto investments without registration, claiming a location in London.
- Websites: profitmastersgroup.com
- Offering: crypto and digital assets
- Warning date: Oct 22, 2026 · Regulator notice AMF Québec
fxsaplatform
Targets investors in Quebec with unauthorized digital asset trading services, according to the local regulator AMF.
- Websites: fxsaplatform.com
- Offering: crypto and digital assets
- Warning date: Oct 22, 2026 · Regulator notice AMF Québec
SPX Global Future Holding LP
Conducts unauthorized financial business in Quebec without the necessary registration with the AMF.
- Other names: SPXGlobal
- Websites: my.spxglobal.net
- Warning date: Oct 22, 2026 · Regulator notice AMF Québec
Gold Pride Holdings
Reported by AMF Québec for unregistered crypto asset services, claiming a business presence in Geneva.
- Other names: goldprideholdings
- Websites: goldprideholdings.com, goldprideholdings.com, goldprideholdings.net, goldprideholdings.net
- Offering: crypto and digital assets
- Warning date: Oct 22, 2026 · Regulator notice AMF Québec
AISmartFlow
Provides digital asset services without obtaining the required license from Quebec's AMF regulator.
- Websites: aismartflow.io
- Offering: crypto and digital assets
- Warning date: Oct 6, 2026 · Regulator notice AMF Québec
AscendEX
Blacklisted by AMF Québec for unregistered crypto operations; previously flagged by France's AMF and Spain's CNMV.
- Other names: BitMax (BMXDM Technology Pte. Ltd.)
- Company: AscendEX Technology S.R.L.
- Websites: ascendex.com
- Offering: crypto and digital assets
- Previously also flagged by: AMF, CNMV
- Warning date: Oct 16, 2026 · Regulator notice AMF Québec
TheWealtthAscend
Offers derivatives and crypto assets without authorization from AMF Québec, claiming an address in Geneva.
- Websites: thewealtthascend.com
- Offering: CFDs, forex and other derivatives, crypto and digital assets
- Warning date: Oct 16, 2026 · Regulator notice AMF Québec
🇦🇺 ASIC (Australia) — 2 warnings
Impersonation of FND Co Pty Ltd (fndandco.com)
According to Australia's ASIC, this unlicensed website fraudulently impersonates the authorized firm FND Co Pty Ltd.
- Websites: fndandco.com
- Warning date: Oct 23, 2026 · Regulator notice ASIC
Impersonation of CX Investment Pty Ltd (cx-investment.io)
Identified by ASIC as an unauthorized clone platform impersonating licensed firm CX Investment Pty Ltd.
- Websites: webtrader.cx-investment.io
- Warning date: Oct 23, 2026 · Regulator notice ASIC
🛡️ 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.
