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Italy's CONSOB warned against FCapital24

WikiFX | 2024-05-02 20:08

Abstract:Italy's CONSOB has issued a warning against FCApital24, advising investors to be cautious. The regulatory authority highlighted concerns regarding the company's operations and urged the public to refrain from engaging in any financial activities with FCApital24.

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Italy's CONSOB has issued a warning against FCApital24, advising investors to be cautious. The regulatory authority highlighted concerns regarding the company's operations and urged the public to refrain from engaging in any financial activities with FCApital24.

CONSOB emphasized that FCApital24 is not authorized to provide investment services in Italy. The authority can order Internet service providers to block access from Italy to websites offering financial services without the proper authorization.

According to the Authority, 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 behaviors, essential to safeguard their savings.

WiKiFX Review

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According to WikiFX, When we searched for FCapital24. We discovered that it‘s a low-scoring 1.09 out of 10. It’s an unlicensed broker. WiKiFX issued a warning thereby stating:

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The current information shows that this broker does not have trading software. Please be aware!

If you want to stay up to date regarding the forex market Visit the WiKiFX website and be an informed trader.

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Related broker

No Regulation
FCapital24
Company name:FCapital24
Score
1.29
Website:https://fcapital24.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.29

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