List of companies operating unlawfully in Belgium

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. This list comprises all those companies that have been the subject of a warning in the course of the past four years.

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 namesort descending Website Type of fraude Date
365 Markets (Trustnet Ltd)
  • https://www.365markets.com
  • Fraudulent online trading platforms
19/02/2019
BECFD
  • https://www.becfd.com/
  • Fraudulent online trading platforms
10/09/2018
Beware of new fraudulent online trading platforms
  • https://www.beflix.net
  • https://www.bluelexus.net
  • https://www.CFReserve.com
  • https://www.omegafx.io
  • https://www.optionfx.trade
  • https://www.tradeidea.co
  • Fraudulent online trading platforms
18/12/2019
Binary options: the FSMA warns the public against several actors operating unlawfully within the territory of Belgium
  • Fraudulent online trading platforms
11/07/2019
Binary options: the FSMA warns the public against several actors operating unlawfully within the territory of belgium
  • Fraudulent online trading platforms
01/10/2019
Blonde Bear OU (TRADEDAX)
  • http://www.tradedax.com
  • Fraudulent online trading platforms
10/09/2018
CFDS100.com (TRSYSTEM Limited)
  • https://www.cfds100.com
  • Fraudulent online trading platforms
19/02/2019
Day Dream Investments Ltd (u Trader)
  • https://en.utrader.com/
  • Fraudulent online trading platforms
10/09/2018
Dream Equity Ltd.
  • http://www.investingcapital.com
  • Fraudulent online trading platforms
01/10/2019
FlixGM (Altridium Group)(www.flixgm.com and https://flixance.com/)
  • http://www.flixgm.com
  • https://flixance.com/
  • Fraudulent online trading platforms
01/10/2019
Fraudulent online trading platforms: the FSMA updates its list of suspicious sites
  • https://bitcoin-loophole.io/
  • http://www.4tfx.io/
  • http://www.binvesting.com/
  • https://www.bitstarmarkets.com/
  • http://www.btcbrokerz.com/
  • https://www.capitalfx.co/
  • https://www.finexics.com/
  • http://www.finexics.io/
  • https://glballiance.com/
  • http://www.mynetcoin.net/
  • https://www.quantbitex.com/
  • http://www.str-capital.com/
  • http://www.tradezmarket.com/
  • http://www.unixbroker.com/
  • http://www.xtrgate.com/
  • Fraudulent online trading platforms
10/03/2021
Fraudulent online trading platforms: the FSMA updates its list of suspicious sites
  • http://www.alltrademarkets.com
  • http://www.bormancorp.com
  • http://www.duxacapital.com
  • http://www.expertbase27.com
  • http://www.intrgroup.com
  • https://intrgroups.com/
  • http://www.mysafemarket.com
  • http://www.duxacapitalz.com/
  • Fraudulent online trading platforms
06/02/2020
Fraudulent online trading platforms: The FSMA updates its list of suspicious sites
  • https://bitcoinprime.net/
  • http://www.immediate-edge.co/
  • https://www.bit-capitals.com/
  • https://www.brokerunity.com/
  • http://www.bubblext.com/
  • http://www.cryptenix.com/
  • http://www.fdifunds.com/
  • https://www.financereserve.com/
  • http://www.gcginternational.net/
  • http://www.gfxroyal.com/
  • http://www.globalctb.com/
  • http://www.migotrade.com/
  • http://www.safeig.com/
  • http://freserves.com/
  • https://financereserves.com/
  • Fraudulent online trading platforms
23/12/2020
Fraudulent online trading platforms: The FSMA updates its list of suspicious sites
  • https://bitcoinera.com/
  • https://bitcoinera.app/
  • http://www.365capitalmarkets.com/
  • http://www.brightfinance.co/
  • http://www.marketspilot.com/
  • http://www.mottofx.com/
  • http://www.mycoinbanking1.com/
  • http://www.mycoin-banking.com/
  • http://www.onlinemarket-share.com/
  • https://otpfx.com/
  • http://www.profitstrade.com/
  • https://www.solidinvest.co/
  • https://www.solidinvest.co/
  • http://www.traderschain.com/
  • https://www.uptos.com/
  • https://365capitalmarkets2.com/
  • https://www.otpfxtrade.com
  • Fraudulent online trading platforms
19/11/2020
Fraudulent online trading platforms: The FSMA updates its list of suspicious sites
  • https://lagrandecapitale.fr/
  • https://tradingacademy360.com/
  • http://www.bigfx.com/
  • https://cmarketsgroup.com/
  • https://innerbrokers.com/
  • http://www.interactivetrade.com/
  • http://www.invcenter.com/
  • http://www.primecapitec.com/
  • https://www.qteck.io/
  • https://remaxima.com/
  • http://www.solidacapital.io/
  • http://www.winngroupltd.com
  • https://winngroups.com/
  • http://www.winngc.com/
  • http://www.winngroupltd.net/
  • Fraudulent online trading platforms
17/09/2020
Fraudulent online trading platforms: The FSMA updates its list of suspicious sites
  • https://www.finantik.com
  • http://www.generaltrade.cc
  • https://www.girofx.com/
  • https://www.golden-cfd.com/
  • https://www.lionsfm.com/
  • https://www.navagates.com/
  • https://navagates.org/
  • https://parker-prime.com/
  • https://www.summitrade.co/
  • https://unitedmarketscapital.com/
  • https://www.navagates.org
  • Fraudulent online trading platforms
10/06/2020
Fraudulent online trading platforms: the FSMA updates its list of suspicious sites
  • http://www.acceptrade.com/
  • https://www.antarigroup.com/
  • https://www.capitalfx.co/
  • https://www.cfdadvanced.com/
  • http://www.cinda-securities.com/
  • http://www.commercewealth.com/
  • http://www.finexro.com/
  • https://www.finvestings.com/
  • https://galore.pro/
  • https://horizoninvest.cc/
  • https://horizoninvest.io/
  • https://www.ictrades.co/
  • http://www.ironefx.com/
  • https://justforex.com/
  • http://www.mycoinelite.com/
  • http://www.northstate.io/
  • https://www.omegaprofx.com/
  • https://www.omegaproworld.site/
  • http://www.omegaprotrading.com/
  • https://www.omegapro.world/
  • http://www.primecap.io/
  • https://www.quantums-trade.com/
  • http://www.topdigitalcoin.com/
  • https://tritoncapitalmarkets.com/
  • http://www.westmark.com/
  • Fraudulent online trading platforms
05/05/2021
Fraudulent online trading platforms: the FSMA updates its list of suspicious sites
  • https://www.btc-trading24.com
  • https://www.elitetrading.co
  • https://www.fxprime.io
  • https://www.grandcapital.net
  • https://www.kingstontrading.com
  • https://www.titanpro500.com
  • https://www.umarkets.com
  • https://www.umarketspro.com
  • http://www.umarkets.io/
  • http://www.umarkets.group/
  • http://www.umarkets.ai/
  • http://www.umarketspro.net/
  • Fraudulent online trading platforms
02/04/2020
FXG Trade (Capital FXG Ltd / Nordic Pearl Ltd)
  • https://fxgtrade.com
  • Fraudulent online trading platforms
19/02/2019
Globalmarkets
  • http://www.glob-markets.com
  • http://www.glob-markets.co
  • http://www.glob-markets.net
  • https://www.glob-markets.pro/
  • Fraudulent online trading platforms
01/10/2019
Go Capital FX
  • https://www.gocapitalfx.com/
  • https://www.gocapital123.com
  • Fraudulent online trading platforms
11/07/2019
Goprofinance
  • http://www.goprofinance.com
  • Fraudulent online trading platforms
10/09/2018
Hope Area
  • https://www.hope-area.com/
  • http://www.hope-area.net
  • Fraudulent online trading platforms
24/05/2019
HybridReserve (Singlebell LTD / SingleBell OU)
  • https://www.hybridreserve.com
  • Fraudulent online trading platforms
19/02/2019
Infinitrade
  • http://www.infinitrade.com
  • https://infinitrade3.com/
  • https://infinitrade4.com
  • Fraudulent online trading platforms
01/10/2019
Investteck
  • Fraudulent online trading platforms
01/10/2019
Irico SA
  • https://www.iricosa.com
  • Fraudulent online trading platforms
12/11/2019
Key Markets
  • http://www.keymarkets.com
  • Fraudulent online trading platforms
01/10/2019
Kodimax
  • http://www.kodimax.com
  • Fraudulent online trading platforms
01/10/2019
Littinvest
  • https://www.Littinvest.com/
  • Fraudulent online trading platforms
24/05/2019
Marketscube
  • https://www.marketscube.com/
  • Fraudulent online trading platforms
24/05/2019
Mason Ford
  • http://www.masonford.com
  • Fraudulent online trading platforms
01/10/2019
MetaInvesting
  • http://www.metainvesting.com/
  • Fraudulent online trading platforms
10/09/2018
OMCMarkets
  • https://www.omcmarkets.com/
  • Fraudulent online trading platforms
24/05/2019
Online trading platforms are making new victims in Belgium
  • Fraudulent online trading platforms
24/05/2019
Online Trading platforms are making new victims in Belgium
  • Fraudulent online trading platforms
19/02/2019
PBN Capital (Capital Tech Ltd / Pbox Ltd)
  • https://pbncapital.com
  • Fraudulent online trading platforms
19/02/2019
PlusOption
  • https://www.PlusOption.com/
  • Fraudulent online trading platforms
24/05/2019
Spot2trade
  • https://spot2trade.com
  • Fraudulent online trading platforms
10/09/2018
SSS Services
  • https://www.sss-services.nl/
  • Fraudulent online trading platforms
24/05/2019
Swissmain.com / Meridian Banc Ltd.
  • https://www.swissmain.com/en/index.html
  • https://meridianbanc.com/
  • Fraudulent online trading platforms
24/05/2019
The FSMA warns the public against the activities of GTX Options
  • http://www.gtxoptions.com
  • Fraudulent online trading platforms
13/07/2018
The FSMA warns the public against the activities of International Markets Live LTD (Imarketslive)
  • Fraudulent online trading platforms
25/01/2018
Tradershome
  • http://www.tradershome.com
  • Fraudulent online trading platforms
01/10/2019
Vipwayzone
  • https://www.vipwayzone.com/
  • Fraudulent online trading platforms
11/07/2019