CONSOB Blocks Nine Unauthorised Trading Websites

Italys markets regulator CONSOB has ordered local internet providers to block access to nine websites that were offering investment or trading services without the required authorisation. The action targets pages that present themselves as brokers but do not appear on any official register.

Websites named in the order

• Spreadmarkets — spread-markets.com, client.spreadmarkets.com
• BitVex — bit-vex.com
• Financexlimited — finance-xlimited.com, client.financexlimited.com
• Finco Trades — finco-trades.org, webfin-trades.org
• Geneve Capital Invest — geneveinvesting.com, webtrader.geneveinvestingmarkets.com
• Afex Markets — afex-markets.com, web-traderx.com
• Spazio Finanziario — spaziofinanziario.pro, clients.spaziofinanziario.pro
• Ynlm.com — ynlm.com
• Bit Vanetta Limited — thebitvanettatrade.com

The blocking orders instruct Italian ISPs to restrict access domestically. They do not validate the websites, recover funds already deposited, or prevent the same operators from resurfacing under new domains.

What stands out in this batch

Across the list, several portals share near-identical layouts and onboarding flows, with generic dashboards and “open an account” forms leading to external processors. Claimed oversight is either missing or described in loose terms that cannot be matched to a licensed legal entity or a verifiable licence number. These are the same traits seen in past takedowns and in complaints from retail users.

Why it matters

When a site is not authorised, core safeguards—client-asset rules, complaint handling, and supervisory checks—are absent. A quick test is whether the exact entity name and domain appear on a public register; if they do not, the risk is material regardless of how polished the website looks.

If you encounter a platform that resembles any of the domains above, pause and independently verify the firm on an official register before moving funds.