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ConiusFx

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Operating status: SCAM

Website: https://coniusfx.com/

Broker violations and abnormal records
  • 2021-11-30 CONSOB Added ConiusFx into its Warnings and Alerts

    On 1st December 2021, CONSOB warned the public that ConiusFx is carrying out financial activities unlawfully. In other words, Fortexo is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker. You can visit: https://www.consob.it/web/area-pubblica/bollettino/documenti/hide/interdittivi/divieto/2021/d22102.htm

    On 1st December 2021, CONSOB warned the public that ConiusFx is carrying out financial activities unlawfully. In other words, Fortexo is an unregulated forex broker. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker. You can visit: https://www.consob.it/web/area-pubblica/bollettino/documenti/hide/interdittivi/divieto/2021/d22102.htm
  • 2022-01-04 BrokersView has reviewed that ConiusFx is an Unregulated Forex Broker

    ConiusFx claims to be domiciled in a regulated jurisdiction and displays fake license information on its website to try and improve its credibility with unsuspecting investors.

    According to its homepage, the fraudulent firm claims that it is regulated by one of the world’s leading financial jurisdictions, their clients can rest assured that they are trading with a safe and secure company. In other words, it shows on the bottom of its homepage that ConiusFx is regulated by the Financial Conduct Authority of the UK (FCA) under the license #509778. However, searching on FCA registry, we found the license number the fraud claimed belongs to another broker - LMAX Limited, an FCA-regulated firm owns a single approved domain address -- www.LMAX.com, which obviously has no association with ConiusFx or coniusfx.com. Therefore, ConiusFx is an unauthorised firm that uses the details of a regulated entity when offering products and services.

    What's more, based on the information we hold, we learned that the scammer was warned by Italian regulator CONSOB, giving the reason that it operates and attracts clients without legal licenses. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

    ConiusFx claims to be domiciled in a regulated jurisdiction and displays fake license information on its website to try and improve its credibility with unsuspecting investors.According to its homepage, the fraudulent firm claims that it is regulated by one of the world’s leading financial jurisdictions, their clients can rest assured that they are trading with a safe and secure company. In other words, it shows on the bottom of its homepage that ConiusFx is regulated by the Financial Conduct Authority of the UK (FCA) under the license #509778. However, searching on FCA registry, we found the license number the fraud claimed belongs to another broker - LMAX Limited, an FCA-regulated firm owns a single approved domain address -- www.LMAX.com, which obviously has no association with ConiusFx or coniusfx.com. Therefore, ConiusFx is an unauthorised firm that uses the details of a regulated entity when offering products and services.What's more, based on the information we hold, we learned that the scammer was warned by Italian regulator CONSOB, giving the reason that it operates and attracts clients without legal licenses. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
  • 2022-07-07 BrokersView has found that ConiusFx is not working

    On 8 Jul 2022, BrokersView found the domain https://coniusfx.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    On 8 Jul 2022, BrokersView found the domain https://coniusfx.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

ConiusFx regulation...

Becky
Germany
2022-01-07
ANSWER ConiusFx is not regulated and should be avoided at all events. ConiusFx claims to be domiciled in a regulated jurisdiction and displays fake license information on its website to try and improve its credibility with unsuspecting investors. According to its homepage, the fraudulent firm claims that it is regulated by one of the world's leading financial jurisdictions, their clients can rest assured that they are trading with a safe and secure company. In other words, it shows on the bottom of its homepage that ConiusFx is regulated by the UK's Financial Conduct Authority (FCA) under the license No.509778. However, searching on FCA registry, we found the license number the fraud claimed belongs to another broker - LMAX Limited, an FCA-regulated firm owns a single approved domain address - www.LMAX.com, which obviously has no association with ConiusFx or coniusfx.com. Therefore, ConiusFx is an unauthorised firm that uses the details of a regulated entity when offering products and services. What's worse, the Italian reguolator CONSOB has added ConiusFx into the unregistered firm alert, warning the public that ConiusFx is carrying out financial activities unlawfully. You can check full alert or warning here. We would recommend traders to stay away from unregulated brokers like ConiusFx and trade with licensed brokers.
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