Consob warns against 5 abusive websites - 11/05/2022

Consob has ordered the blackout of 5 new websites that abusively offer financial services.

Unauthorised Entities with their Websites

Below are the websites Consob has ordered to be blacked out:

• "Trade GB 24": https://gbtrade24.co.uk
• Clandestiny Group LLC: https://dakkengroup.com
• Lilac Group LLC: https://coinevo.co
• Broker Capitals Limited and website: https://finexstock.com
• Magna Markets Limited: https://saxo-stock.com

How To Protect Yourself From Scams 

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.