Financial Commission Warns Against Nine Suspicious Companies

The Financial Commission (FinaCom PLC), the FX industry’s external dispute resolution (EDR) organization, has issued warnings against nine companies this week.

These companies include Antarigroup, EliteFx Trader Inc., 24tradeway, Wide Horizon Global Investment, ALU TRADER, Option Trade Investment, BlancoFX, GoldCoinXM, and NobleCoinInvestment.

According to the Financial Commission, the indicated companies and associated websites may be used to scam and defraud traders and investors upon reviewing the submitted information from potential customers of these brokers.

The companies are using the following websites:

1. Antarigroup 

Website: https://www.antarigroup.com/

2. EliteFx Trader Inc. 

Website: https://www.elitefxtrader.com/

3. 24tradeway 

Website: https://www.24tradeway.com/

4. Wide Horizon Global Investment

Website: https://widehorizonglobal.com/

5. ALU TRADER 

Website: https://www.alutrader.com/

6. Option Trade Investment 

Website: https://optiontradeinvestment.com/index.html

7. BlancoFX 

Website: https://blancofx1.com/

8. GoldCoinXM 

Website: https://goldcoinxm.com/

9. NobleCoinInvestment 

Website: https://noblecoininvestment.com/

The Commission does not recommend to do business with any of the above-mentioned companies neither individuals purporting to represent these brokers on social media and in private messages on popular messaging apps. 

The warning list is to inform the public of companies that the Commission does not recommend to trade with, following numerous reports and complaints filed by customers regarding these non-member firms.