CONSOB Issues Warning Against Unlicensed Service Providers

The Italian Companies and Exchange Commission (CONSOB) warned six unregulated financial service websites, including four Forex brokers, on October 31, 2024.

The CONSOB recommended vigilance against these new abusive financial services providers and has ordered the black-out of 12 related websites and pages that offer financial services illegally.

The websites are listed below:

- "Investpro CFD"

Website: https://investprocfd.com

Related page: https://invest.investprocfd.com

- "Goldbysell"

Website: https://www.goldbysell.co

Related page: https://clientzone.goldbysell.co, https://goldbysell.technoglobal.org

- "Iginvest"

Website: https://iginvest247.eu

Related page: https://client.iginvest247.eu

- "Capital4it Ltd."

Website: https://capital4it.co.com

- "AdmiralsUnited"

Website: https://admiralsunited.com

Related page: https://client.admiralsunited.com

- "Trade Republica"

Website: https://tradingrepublica.com

Related page: https://cfd.traderepublicatrading.com

The number of entities blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 1168.

Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviors, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, for offers of financial products, that a prospectus has been published.