Press releases -

The Financial Services and Markets Authority (FSMA) has, on several occasions, warned the public against the activities of various companies that are operating unlawfully in Belgium.

The list includes:

companies that offer, in or from Belgium, financial services and products without complying with Belgian financial legislation (no authorization / failure to publish a prospectus / etc.);
companies about which, in addition to any infringements of the financial legislation and regulations the FSMA supervises, the latter has identified serious evidence of investment fraud;
companies behind 'recovery room' fraud.

This list cannot be considered as exhaustive.

Company name

Title

Website

Type of fraude

Title	Company name	Website	Type of fraude	Date
Fraudulent trading platforms: the phenomenon keeps causing damage	24Yield (Clone) Accuro Group (Clone) Aptos Asterax Avatradex / Avatrade (Clone) CM Prime Core-Invest Eurofingo Financourse Fintelligence FlowBitEnergy Galidix Horizons28 Ikon-markets Imarketstrade Investhub 3.0 LuxNordic (Clone) Luxtious Millenium-Capital MS Global Finance NewApexWay NOSW Exchange Pammdrex Peak Rock Island PJPInvest Polkadot Heritage Limited PrimeUPartner Quantiumax Quantum AI Rineplex SafeCrown Skifor TitansBenefit UniSmartMove Zestrend	https://24yield.com https://aptos-ai.com https://webtrader.aptos-ai.co https://asterax.com https://h5.asterax.vip https://avatradeshow.com https://avatradegood.com https://platform.cmcprime.co https://cm-prime.co https://coreinv.net https://eurofingo.net https://financourse.com https://fin-telligence.com https://flowbitenergy.com https://galidix.com https://trading-area.galidix-v5.com https://area.horizons28.net https://Horizons28.com https://ikon-markets.com https://imarketstrade.org https://imarketstrade.net https://investhub30.com https://lux-nordic.com https://luxtious.com https://milleniumbusiness-capitals.com https://newapexway.com https://hw-gold.com https://noswexs.com https://pammdrex.com https://peakrockisland.com https://pjpinvest.com https://polkadotheritagelimited.com https://primeupartner.com https://quantiumax.com https://quantiumax.net https://webtrader.quantiumax.net https://quantumaiplatform.com https://quantumtradingnl.com https://thequantumaiapp.com https://rineplex.com https://safecrown.net https://web.skifor.com https://titansbenefit.com https://unismartmove.com https://webtrader.zes2.com https://webtrader.fin-telligence.net https://h5.asterax.top https://asteraxcrypt.com https://webtrader.quanti-max.agency https://titans-benefit.com https://titansplan.com	Fraudulent online trading platforms	18/12/2025

Export

PLEASE NOTE:

The fact that the FSMA has not published a warning about a company does not mean that the latter company holds the necessary authorization or registration to operate in Belgium. Although the FSMA does everything it can to publish a warning as soon as possible, it is not impossible that a company engages in activities before such a warning has been published. As a result, the list cannot be considered as exhaustive, and investors are always advised to check if a company that is offering them a financial service holds the requisite authorization or registration. They can do so using the search function on the FSMA website.
The FSMA also points out that in general, such unlawful offers of financial services often constitute fraud. In such cases, it is almost impossible for victims to recover the sums invested.
Be wary of 'cloned firms'. These are companies that pass themselves off as different, regulated undertakings even though they in fact have no connection with the latter. Investors can detect this type of fraud by comparing the email addresses or contact details for the companies in question.

If you have the least doubt, please don’t hesitate to contact the FSMA directly via the consumer contact form. As well, feel free to notify the FSMA if you have been in contact with a suspicious company that has not yet been the subject of a warning on its part.