Warnings (4.08): Maxiplus, CMFX Trading, 4X Trade…
Table of Warnings
FCA warns against three brokers
3 investment platforms appeared on the FCA’s list of warnings, offering to trade in Forex/CFDs and cryptocurrencies. Entities indicated by the regulator are not licensed to offer investment services. In addition, FCA indicates that one of them – Coin-Wallet – imitates a properly registered EMD Agent company.
FCA warns against:
Triton Capital Markets
ADDRESS: First Floor, First Street, Vincent Bank Ltd Building, Kingstown, ST. VINCENT AND THE GRENADINES
EMAIL: [email protected]
ADDRESS: 24 Potterrow, Edinburgh, UNITED KINGDOM, EH9 3BL
Coin-Wallet (clone of EMD Agent)
According to the FCA, the rogue investment platform uses the data of another, properly registered company:
Data of a legal company operating in Great Britain: EMD Agent
Company’s name: Electronic Wallet Limited
Reference number: 902002
FINMA warns against Bitcoinwelt
The Swiss financial services regulator has issued a warning against Bitcoinwelt, which is one of the unregulated Forex / CFD brokers. The entity is not subject to any regulations and is highly likely to be a scam.
Maxiplus on the Austrian FMA’s list of warnings
The Austrian financial regulator warns against the Maxiplus broker, owned by Seabreeze Partners Ltd. The platform is not regulated and there are many indications that it is investment fraud.
Seabreeze Partners Ltd. is responsible for similar platforms aimed at extorting funds from unaware investors. The company offers its services under the names MaxiPlus, ProfitAssist and InvestFlow.
COMPANY: Seabreeze Partners Limited
Admiral Capital Trade in MFSA’s warning list
The Maltese financial regulator MFSA has issued a warning against an unregulated Forex/CFD broker using the name Admiral Capital Trade. The entity operating through the admiralcapitaltrade.com website is not licensed in the EU and may pose a threat to investors.
Admiral Capital Trade
14 entities blacklisted by CNMV
The Spanish regulator of the National Securities Market Commission (CNMV) has made another update of its list of warnings. There were placed 14 entities related to financial markets and investments. Most of the sites identified by the supervisor are owned by unregulated Forex/CFD brokers.
CNMV warns against:
COMPANY: Encoretrade Limited
COMPANY: Cardinal Holdings Limited
CAPITAL FOREX, SL.
The company contacts customers by telephone.
COMPANY: FAD Investment Limited
COMPANY: Sungate Investment AG, LLC.
COMPANY: Vantage Global Prime LLP
COMPANY: Blumanstock Limited
Gestión y Asesoramiento
CONSOB blocks the pages of 10 entities in Italy
Italian regulator – CONSOB blocked access to the websites of 10 unlicensed intermediaries in the financial services market. These are illegal Forex brokers that can endanger investors. Their pages, not available in Italy, may still be visible in other countries.
CONSOB warns against:
COMPANY: Evergo Limited
STRONA: trades-action.com; accounts.trades-action.com
COMPANY: Trade Action Limited
COMPANY: Nab Europe Limited
COMPANY: FX24 Investment Limited
COMPANY: Prim Global Reach Limited / PrimeATrade Limited / FX Publications Inc
WEBSITE: www1.fantex.co / www.fantex.co
COMPANY: Cfxdtrade Limited; Handelfx
COMPANY: Aca-Asset Limited
COMPANY: Mellifluous Group Limited
COMPANY: Wirexinvest Invest Limited; Wirex UAB