The Financial Supervision Authority

Year 2002Regulated by Government

The Financial Supervision Authority, which was launched on 1 January 2002, joined the functions of Eesti Pank's Banking Supervision Authority and the Ministry of Finance's Insurance Supervision Authority and Securities Inspectorate. It is a financial supervision and crisis resolution authority with autonomous responsibilities and budget that works on behalf of the state of Estonia and is independent in its decision-making.

Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2022-03-23
  • Reason for punishment These firms offer financial services without the proper authorization
Disclosure details

Investor Alerts

Consob warning 23/03/2022 Italy The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered the black-out of 6 new websites that offer financial services illegally. The commission availed itself of the new 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 service providers to block access from Italy to websites offering financial services without the proper authorization. Below are the sites Consob has ordered to be blacked out: Ft Global Financial Ltd (website https://empirefxm.com and its page https://my.empirefxm.com); Eudaimon Consultind Llc (websites https://tradingtech.io andhttps://aceinvesting.io); Cornerfxtrade24 (website https://cornerfxtrade24.co and its page https://client.cornerfxtrade24.co); CryptoIfx Ltd (website www.cryptoifx.com); AlphaTradeplus (website https://alphatradeplus.com and its page https://client.alphatradeplus.com). The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 651. The measures adopted by Consob can be consulted on the website www.consob.it.
Annex
More regulatory disclosure

Warning

2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
Nadex
XtreamForex
Oxtrade
NordFX EU
AccuIndex
PO TRADE
Binarycent
VOBLAST
FXPrimus
Deriv
InstaForex
INFINOX
HSB Forex Trade
Fxview
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Danger

2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
Nadex
XtreamForex
Oxtrade
NordFX EU
AccuIndex
PO TRADE
Binarycent
VOBLAST
FXPrimus
Deriv
InstaForex
INFINOX
HSB Forex Trade
Fxview
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Danger

2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Blackwell Global
Kraken
IFS Markets
Fake FXTM
FinmaxFX
AssetsFX
KEY TO MARKETS
GBE
MeeFX
Golden Capital FX
Novox
Rakuten Securities
TriumphFX
GCM ASIA
GFX
PhillipCapital UK
USG
Urban Fx Trade
FirewoodFX
XGLOBAL
InstaForex
FXGROW
TRADE.COM
FXOptimax
Probis
CRYPTO FX-TRADE

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