Warnings (16.04): International Market Service Board, CapitalEU, SPTrade-24…
Table of Warnings
The following platforms have been added to the list of warnings:
- CF Broker S.À R.L – www.cfbroker.io
- Sea Limited – www.sealimited.io
- CapitalEU – www.capitaleu.com
- Market-4 fx – www.market-4fx.com
- SPTrade-24 – www.sptrade-24.com
- Markets EU – ww.marketseu.com
- Queen Investments – www.queeninv.com
- Richness Forex – www.richnessforex.com, www.richnessep.com
- International Market Service Board – www.im-sb.com
CF Broker S.À R.L on CSSF’s warning list
The Luxembourg Financial Sector Supervisory Authority warns against the platform www.cfbroker.io, which provides services without a license. The broker claims that he has a license issued by the CSSF, the regulator informs that this information is not true and the entity is not known to him.
The company supervising the operation of the platform is responsible for similar SCAMs (Adamant FX, 24 FinTime / Finlay Capital), which previously appeared on the warning lists of European regulators.
CF Broker S.À R.L
WEBSITE: www.cfbroker.io
COMPANY: Widdershins Group Ltd
see a previous warning regarding the platform, managed by Widdershins Group Ltd
CONSOB warns against 5 brokers
CONSOB published 5 platforms of dishonest brokers. Astrica Ltd, which was responsible for similar scams, appeared among these. Company supervised Vipforexpro.com, elite-market.com, market4fx.com, these platforms appeared on the warning list of European regulators.
The Italian regulator also mentioned the SPTrade24 broker, which after the previous warning issued by CONSOB changed the domain on which it continuously offers its services.
Sea Limited
WEBSITE: www.sealimited.io
COMPANY: Core Pay Solution Ltd
CapitalEU
WEBSITE: www.capitaleu.com
see the previous warning for this platform
Market 4 Fx
WEBSITE: www.market-4fx.com
COMPANY: Astrica Ltd
see the previous warning regarding the platform managed by Astrica Ltd
SPTrade-24
WEBSITE: www.sptrade-24.com
COMPANY: SPTrade24 Ltd
see the previous warning regarding the platform managed by SPTrade24 Ltd
Markets EU
WEBSITE: www.marketseu.com
see the previous warning for this platform
FINMA warns against Queen Investments broker
The Swiss Financial Supervision Authority issued a warning against the Queen Investments platform, which offers Forex/CFD trading. The broker is not authorized to provide investment services, yet offers its services in the European Union and conducts active marketing activities to attract new investors.
Queen Investments
WEBSITE: www.queeninv.com
COMPANY: Queeninv Group Ltd
“Richness Forex” on FCA’s blacklist
The British Financial Conduct Authority warns against the Richness-Forex broker. The FCA warns investors that the transactions made on the platform are not protected by the Financial Services Compensation Scheme (FSCS), which will make it impossible to recover the money paid in.
Richness Forex
WEBSITE: www.richnessforex.com, www.richnessep.com
ForexRev warn against the International Market Service Board
Based on the reports sent by the injured to our editorial office, we warn against investing in the www.im-sb.com platform. According to investors’ reports, the platform consultants use insistent attempts to persuade people to make a deposit, they manipulate the “profit” generated on the platform to evoke a sense of security and professionalism in the client.
The problem starts to emerge when the client tries to withdraw funds. Consultants inform about the necessity to pay additional fees, notional profit tax and other false receivables. Ultimately, after paying the required amounts, investors were unable to recover the amounts paid to the platform or the profit generated there.
