Consob Blocks 5 New Illegal FX websites
- The Italian regulator has blocked a total of 405 illegal websites since July 2019.

According to the official details published by Consob, the Italian regulator has blocked a total of 405 websites since July 2019 to protect Italian residents from fraudulent financial activities. Consob has asked Italian internet Connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collection. Today, financial institutions are often completely dependent on technology and data. This is more important than ever to improve, make transfers, lend, invest, and receive payments. Digital and mobile banking services also increase the level of customer convenience and accessibility. Blockchain assists with transactions, artificial intelligence helps with making smart investments, and multifactor authentication protects sensitive financial data. A blockchain is a form of connectivity, while connectivity is key to fintech disruption. Financial businesses need lightning-fast, low-latency, and secure networks to meet the challenges of fintech. A well-designed fiber-optic network offers exceptional connectivity. The superior connectivity provided by an enterprise-level fiber-optic network improves customer satisfaction, bolsters a financial organization’s reputation, and enables digital transformation through fintech. Today, connectivity providers are adapting financial markets by accelerating speedy networks such as 5G and alternatives. Connectivity also bridges brokers with liquidity providers to get fast trade execution. In this scenario, brokers can source liquidity from a single or multiple source, thereby delivering to their clients enough market depth for their orders to get filled. The main characteristic of liquidity is its depth, which will determine how quickly and how big of an order can be executed via the trading platform. Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collection. Today, financial institutions are often completely dependent on technology and data. This is more important than ever to improve, make transfers, lend, invest, and receive payments. Digital and mobile banking services also increase the level of customer convenience and accessibility. Blockchain assists with transactions, artificial intelligence helps with making smart investments, and multifactor authentication protects sensitive financial data. A blockchain is a form of connectivity, while connectivity is key to fintech disruption. Financial businesses need lightning-fast, low-latency, and secure networks to meet the challenges of fintech. A well-designed fiber-optic network offers exceptional connectivity. The superior connectivity provided by an enterprise-level fiber-optic network improves customer satisfaction, bolsters a financial organization’s reputation, and enables digital transformation through fintech. Today, connectivity providers are adapting financial markets by accelerating speedy networks such as 5G and alternatives. Connectivity also bridges brokers with liquidity providers to get fast trade execution. In this scenario, brokers can source liquidity from a single or multiple source, thereby delivering to their clients enough market depth for their orders to get filled. The main characteristic of liquidity is its depth, which will determine how quickly and how big of an order can be executed via the trading platform. Read this Term service providers to shut down the unauthorized online FX and financial platforms.
The government authority has blocked the website of Salvax Limited, New Traders Holdings and its subdomain, Triton Partnership and Evolution Markets. Consob mentioned that the blockage process is going on.
“The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect. Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common-sense behavior, essential to safeguard their savings: these include, websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, offers of financial products, that a prospectus has been published,” Consob mentioned in the official announcement.
Consumer Protection
The Italian regulator has taken several measures to protect consumers from illegal FX and financial service providers in the country. Consob recently ordered internet service providers to block the websites of Nab Europe Limited, Swiss Management Corporation, Expertsystemsfx, FXOptexGroups, Italiano invest, QubitTech Corporation, Axedo, Fxfinancepro, Thinkmarket 247 Ltd, Donnybrook consulting, Globalinvestfx and Universe citizens limited. Additionally, the regulatory authority warned Italian investors about a surge in unregulated brokers.
The Financial Conduct Authority (FCA), the financial regulatory body in the United Kingdom, announced today that FXGbp markets is offering services in the country without the authorization of the FCA. Furthermore, the authority warned about rising investment scams in the country.
According to the official details published by Consob, the Italian regulator has blocked a total of 405 websites since July 2019 to protect Italian residents from fraudulent financial activities. Consob has asked Italian internet Connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collection. Today, financial institutions are often completely dependent on technology and data. This is more important than ever to improve, make transfers, lend, invest, and receive payments. Digital and mobile banking services also increase the level of customer convenience and accessibility. Blockchain assists with transactions, artificial intelligence helps with making smart investments, and multifactor authentication protects sensitive financial data. A blockchain is a form of connectivity, while connectivity is key to fintech disruption. Financial businesses need lightning-fast, low-latency, and secure networks to meet the challenges of fintech. A well-designed fiber-optic network offers exceptional connectivity. The superior connectivity provided by an enterprise-level fiber-optic network improves customer satisfaction, bolsters a financial organization’s reputation, and enables digital transformation through fintech. Today, connectivity providers are adapting financial markets by accelerating speedy networks such as 5G and alternatives. Connectivity also bridges brokers with liquidity providers to get fast trade execution. In this scenario, brokers can source liquidity from a single or multiple source, thereby delivering to their clients enough market depth for their orders to get filled. The main characteristic of liquidity is its depth, which will determine how quickly and how big of an order can be executed via the trading platform. Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collection. Today, financial institutions are often completely dependent on technology and data. This is more important than ever to improve, make transfers, lend, invest, and receive payments. Digital and mobile banking services also increase the level of customer convenience and accessibility. Blockchain assists with transactions, artificial intelligence helps with making smart investments, and multifactor authentication protects sensitive financial data. A blockchain is a form of connectivity, while connectivity is key to fintech disruption. Financial businesses need lightning-fast, low-latency, and secure networks to meet the challenges of fintech. A well-designed fiber-optic network offers exceptional connectivity. The superior connectivity provided by an enterprise-level fiber-optic network improves customer satisfaction, bolsters a financial organization’s reputation, and enables digital transformation through fintech. Today, connectivity providers are adapting financial markets by accelerating speedy networks such as 5G and alternatives. Connectivity also bridges brokers with liquidity providers to get fast trade execution. In this scenario, brokers can source liquidity from a single or multiple source, thereby delivering to their clients enough market depth for their orders to get filled. The main characteristic of liquidity is its depth, which will determine how quickly and how big of an order can be executed via the trading platform. Read this Term service providers to shut down the unauthorized online FX and financial platforms.
The government authority has blocked the website of Salvax Limited, New Traders Holdings and its subdomain, Triton Partnership and Evolution Markets. Consob mentioned that the blockage process is going on.
“The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect. Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common-sense behavior, essential to safeguard their savings: these include, websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, offers of financial products, that a prospectus has been published,” Consob mentioned in the official announcement.
Consumer Protection
The Italian regulator has taken several measures to protect consumers from illegal FX and financial service providers in the country. Consob recently ordered internet service providers to block the websites of Nab Europe Limited, Swiss Management Corporation, Expertsystemsfx, FXOptexGroups, Italiano invest, QubitTech Corporation, Axedo, Fxfinancepro, Thinkmarket 247 Ltd, Donnybrook consulting, Globalinvestfx and Universe citizens limited. Additionally, the regulatory authority warned Italian investors about a surge in unregulated brokers.
The Financial Conduct Authority (FCA), the financial regulatory body in the United Kingdom, announced today that FXGbp markets is offering services in the country without the authorization of the FCA. Furthermore, the authority warned about rising investment scams in the country.