CySEC Scam Tourism – Spanish police arrested boiler room agents in IronFX scheme
CySEC-regulated Notesco Financial Services Ltd has been the operator of the IronFX scheme for 10 years. The Cypriot company with CIF License No. 125/10 formerly operated under IronFX Global Limited and IronFX Limited and is part of a group of unlicensed companies that attack consumers and retail investors in other regulatory regimes with the IronFX brand. In July 2020, the Spanish police raided an illegal boiler room in Madrid, arrested two people and identified another nine people as suspects. The boiler room was part of the IronFX scheme.