Tag: Top Markets

On March 22, 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 1,047 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.

Top Markets is one of hundreds of white-label broker scams actively hunting for victims at any time. Top Markets traps victims with fraudulent crypto marketing campaigns such as Immediate Coraldex, against which the Spanish CNMV issued a warning recently. The website claims that Top Markets is a CySEC-regulated investment firm with license number 138/11, which is, of course, bullshit. Stay far away and protect your financial health.

On 12 June 2023, the Italian regulator Consob announced that it ordered four illegal financial websites to be blacked out. The total number of black-out orders increase to 907. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out: