Italian financial watchdog CONSOB blacklists FXNoble

Italian financial watchdog CONSOB blacklists FXNoble

Unregulated Forex brokerage FXNobel, after being blacklisted by the Malta Financial Services Authority, receives similar treatment from the Italian financial regulator Commissione Nazionale per le Societa e la Borsa (CONSOB). According to the warning – FXNobel doesn’t have the proper authorization for providing Italian traders with such financial services as CFD trading.

FXNobel is the standard Marshall Islands-registered scam broker which offers the widely preferred and acclaimed  MetaTrader 4 trading platform with an attractive and generous leverage, however, typical for scammers – FXNobel does not extend clients a demo account. The brokerage operates via two websites – www.fxnobel.com and www.fxnobels.io – and purports to be owned an operated by Glencoe Partners Ltd.

Unregulated brokerages registered in the Marshall Islands are quite a familiar sight in online Forex trading as they spawn almost daily and target traders throughout Europe with dubious offers and “bonus” promotions.

Precisely because of the wide-spread scamming in the Forex world we encourage our readers to invest only in properly licensed firms in order to exclude the risk of falling victim to a nasty fraud and losing all your money. CONSOB, as well as other regulatory agencies in Europe like the FCA and CySEC keep and regularly update a warning list where traders may get acquainted with the latest exposed fraudsters.

Top Forex Brokers

Broker Country Rating Min. Deposit Website
US 5/5 $50 Click for a special offerWebsite
UK, Cyprus, Belize 4.95/5 $5 Click for a special offerWebsite
Australia 4.90/5 $100 Click for a special offerWebsite

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

FINMA blacklists unregulated brokerage XLarge Assets Financial AG

The unregulated Forex brokerage XLarge Assets Financial AG