Tag: xTrader365

On May 3, 2024, the Italian financial watchdog Consob ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,075 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

The broker scam xTrader365 claims to be operated by xTrader365 Limited, registered in Cyprus. The broker also has offices in the UK, Australia and South Africa. These claims are all bullshit. Perhaps the boiler room with its predatory agents is actually based in Cyprus. As a payment facilitator, we have discovered Flutterwave through which victims can lose their money with credit/debit cards. Stay far away. Protect your financial health.