Warnings (28.03): FinlayCapital, AlphaLive, CryptoPros…
Table of Warnings
On the lists of warnings appeared:
- RoyalCBank – www.royalcbank.com
- GEverestFx – www.geverestfx.com
- CryptoPros – www.cryptopros.ltd
- FrankfurtFx – www.frankfurtfx.com
- BullishFxMarkets – www.bullishfxmarkets.com
- Goeverups – www.goeverups.com
- Swiss Premium Fx – www.swisspremiumfx.com
- EurTrade24 – www.eurtrade24.com
- BimFx24 – www.bimfx24.co
- Fino Capital – www.finocapital.io
- 24 FinTime – www.24fintime.io
- Finlay Capital – www.finlay.capital
- FCA Regulation – www.fcaregulation.com
- AlphaLive – www.alphalive.io
BaFin warns against Royal C Bank broker
The German Federal Financial Services Authority (BaFin) on March 1, 2021, ordered the royalcbank.com platform to terminate unauthorized activities in the area of managing the investor’s portfolio.
Accounts created by clients on the platform are to enable them to trade CFDs, Forex and Cryptocurrencies. The company makes investment decisions about the accounts without first consulting with the account holders. Whenever losses appear on managed accounts, Royal C Bank offers its clients the opportunity to participate in the “Wiederherstellungs program” (“recovery program” – offered only to customers in Germany).
5 platforms on the CySec’s blacklist
Cypriot Financial Supervision Authority (CySec) has added 5 platforms to the list of warnings.
On CySec’s blacklist appeared:
- GEverestFx – www.geverestfx.com [spółka: Geverestfx Ltd.]
- CryptoPros – www.cryptopros.ltd [spółka: Crypto Pros Ltd.]
- FrankfurtFx – www.frankfurtfx.com
- BullishFxMarkets – www.bullishfxmarkets.com [spółka: Raw Trading Ltd / International Capital Markets Pty Ltd / IKBK Holdings Ltd / BullishFXMarkets Ltd]
- Goeverups – www.goeverups.com [spółka: goeverups Ltd / EVERCORE GMBH LTD]
CONSOB dodaje 4 podmioty do listy ostrzeżeń
Among the Italian regulator’s warnings (CONSOB), there were platforms that, although previously blacklisted by other European financial regulators, have not ceased their activities, including companies supervising websites: bimfx24.com; finocapital.io, finlay.capital.
CONSOB blacklisted:
Swiss Premium Fx
WEBSITE: www.swisspremiumfx.com
COMPANY: KBS Capital Markets Ltd
BimFx24
WEBSITE: www.bimfx24.co
COMPANY: Terratech Ltd
see the previous warning about this platform
EurTrade24
WEBSITE: www.eurtrade24.com
COMPANY: Terratech Ltd
Websites bimfx24.co and eurtrade24.com are new versions of the eufxinvest.com and eufxindex.com SCAMs that CONSOB had warned against.
Fino Capital
WEBSITE: www.finocapital.io
COMPANY: Lollygag Partners LTD
see the previous warning about this platform
24 FinTime
WEBSITE: www.24fintime.io
COMPANY: Widdershins Group Ltd
Finlay Capital
WEBSITE: www.finlay.capital
COMPANY: Widdershins Group Ltd
Website finlay.capital is a new version of finlay.io scam, that CNMV had warned against.
FCA warns against “FCA Regulation” and an Alpha Live broker
British Financial Conduct Authority (FCA) has included an entity on its list today, offering assistance in recovering funds paid to platforms that are pretending to be brokers. Fraudsters take the opportunity to extort more money from people who have fallen victim to SCAMs and who still hope that there will be an institution that will help them in this unequal fight against pseudo brokers.
The platform also pretends to be the regulator itself, calling itself “FCA Regulation” and using its website the institution’s reference number – The Financial Conduct Authority. However, the FCA assures that it has nothing to do with this platform and it doesn’t operate on behalf of the British Financial Supervision Authority.
FCA blacklisted entities:
FCA regulation
WEBSITE: www.fcaregulation.com
ADDRESS: 113 51 Stockholm, Luntmakargatan 64, Sweden
Alpha Live
WEBSITE: www.alphalive.io
COMPANY: RedRock Ltd
ADDRESS: Tavernier Street, Wall House, 00152 Loubiere, Commonwealth of Dominica
Alphalive.io website is a new version of 7online.io scam, that FCA had warned against
