Italy’s Consob warns against OptionCM, IFX4U

Italy’s financial markets regulator Consob has earlier today issued warnings against binary options broker OptionCM and Forex broker IFX4U, warning the public that these entities are not authorized to target Italian investors.

The Italian regulator notes that:

  • The companies Dgx System Ltd and Crlink Limited are not authorized to offer investment services in Italy in any way, including via the website www.optioncm.com.
  • The companies Ifx4u Ltd and Oklycapital Limited are not authorized to offer investment services in Italy in any way, including via www.ifx4u.com.

The name of IFX4U has already been present in the warning lists of European regulators. Earlier this month, when France’s AMF updated its “Black List” of unauthorized Forex brokers targeting French investors, it included IFX4U amid the new entries.

To view the latest warnings from Italy’s financial regulator, click here.

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