Warnings (2.07): AstraHorizon, ProfitAssist, Galaxy Trade…
Table of Warnings
BaFin warns against 24 News Trade
The trading platform 24news.trade appeared on the list of warnings of the German Federal Financial Services Authority, against which the Spanish CNMV had previously issued warnings. The company overseeing the platform’s operation is Baumont Group Ltd, which is responsible for a similar StockFx.co fraud, against which the Spanish Financial Supervisory Authority also issued a warning.
BaFin warns against:
24 News Trade
COMPANY: Baumont Group Limited
Seabreeze Partners Ltd in FMA’s blacklist
Seabreeze Partners Limited is the entity responsible for the ProfitAssist and InvestFlow platforms, which, under the guise of investment platforms, extort funds from investors.
FMA warns against:
COMPANY: Seabreeze Partners Limited
Stay away from FenixSecurities.eu and koleds.capitalmowertor.site
Based on reports sent to our editorial office by victims, we warn against the investment platforms FenixSecurities.eu and koleds.capitalmowertor.site.
Koleds.capitalmowertor.site redirects to the galaxytrade.co website, where we will not find detailed information about the license and the company’s name that oversees the platform, so the investor cannot be sure where his money ends up.
FenixSecurities.eu is a platform managed by LoyalTech Limited. The broker informs that the company’s registered office address is in Bulgaria, but the company with such a reference number or name is not in the Bulgarian register of companies. The broker also does not provide information on the authorization to offer investment services, therefore it can be presumed that he is not licensed and cannot offer financial services.
ForexRev warns against:
COMPANY: LoyalTech Limited
WEBSITE: www.galaxytrade.co / koleds.capitalmowertor.site
AMF blacklisted 2 entities offering financial services
French Financial Market Supervision warns against Radix Invest and Kiplar. The platforms are not allowed to offer financial services.
AMF warns against:
COMPANY: Tradetech Group Limited
COMPANY: Kiplar Limited
FCA warns against “500Trade” broker
The domain (www.500-trade.com) of the entity indicated by FCA is not active, but the company’s connections with the 500.trade domain can be found on the web. The broker is not regulated, and the company, Smartasset LLC, is registered at St. Vincent and the Grenadines.
FCA warns against:
WEBSITE: www.500-trade.com / www.500.trade
COMPANY: Smartasset LLC
COMPANY: AstraHorizon Asset Management LLC