CONSOB Blocks Websites of GB Trade FX, Tradobit and Others

The Italian financial regulator CONSOB has recently ordered the blackout of 5 new websites, accusing that they are abusively offering financial services.

Forexway Launched the First-of-its-kind Animated Videos on Forex Trading

The websites to which the watchdog ordered Internet connectivity service providers to inhibit access from Italy include:

· Kiplar Ltd (website https://kiplar.com);

· "AcadianAmLtd" (website www.aca-asset.com and related page https://accounts.aca-asset.com);

· UniCap Trade Ltd and "Tradobit" (website www.tradobit.com);

· Revotrade Ltd (website www.revotrade.com and related page https://my.revotrade.com);

· "GB Trade FX" (website https://gbtradefx.co.uk and related page https://gbtradefx24.co.uk).

The number of websites shut down since July 2019, when CONSOB got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 467.

The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.