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Italy's CONSOB warns of forex broker B4Markets

Jul 18 2017
By
Jonathan Smith

Italy's financial markets regulator CONSOB has issued a warning against the forex and CFD broker B4Markets.  

 
The watchdog does not provide much information, except that B4Markets Ltd is not authorized to provide services in Italy though the website www.b4markets.com.
 
Our check at the website found that the broker does not provide much information about itself either, except that it is “an industry leader in the Forex & CFD markets”. But this is a claim pretty much any broker makes. There are neither details about the company, nor a business address, nor regulatory information, but it seems the broker is indeed targeting Italians.
 
It appears that the broker is relatively new, as we could not find any customer complaints or other warnings against it. Either way, it is better to avoid dealing with such dubious forex brokers, particularly ones that are not properly regulated by reputable authorities and do not provide any meaningful information about them. 
 
 
 
TAGS: consob  italy  b4markets 

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