"VirtualStocks", "AJ Asset", Light Media, GlobalFx, "4FX Royal", Prime-Investfx
Flagged by Commissione Nazionale per le Società e la Borsa · Italy (ITA)
Official Warnings (1)
Consob has ordered the black-out of 7 new websites that offer financial services illegally.
The commission availed itself of the powers resulting from the ‘Decreto Crescita’ (‘Growth Decree’; Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), on the basis of which Consob can order internet access providers to block access from Italy to websites offering financial services without the proper authorisation.
The companies and websites are listed below:
- Prime-Investfx Ltd (website www.prime-investx.com);
- "4FX Royal" (website https://4fxroyal.com);
- GlobalFx Ltd (website https://globalfxs.org);
- Light Media Ltd (website www.wincapitalpro.com);
- "AJ Asset" (websites https://aj-asset.comand https://platform.aj-asset.com);
- "VirtualStocks" (website https://virtualstocks.io).
The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 161.
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This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.