The Financial Services and Markets Authority (FSMA) of Belgium today issued a warning to the public advising it against dealing with a set of fraudulent trading platforms.

These platforms lure investors online with promises of quick and easy earnings. Their offers look attractive, but they are nothing more than advanced scams that can lead to significant financial losses.

The FSMA strongly advises against responding to offers made by the following trading platforms:

• Blaxton (blaxtongroup.com, vc.blaxtongroup.com);
• Cyrosalnix (cyrosalnix.com);
• EQUITY T S PTY LTD (Clone) (equityts.com, live.faralloncapitalgroup.investments, wayatrading.com, wayatrading.trade);
• Fibovest (fibovest.com);
• Fintrionyx Capital (fintrionyx-capital.co, webtrader.fintrionyx-capital.cx);
• FTMX Global (ftmxglobal.com);
• Galveston Advisory (Clone) (galvestonadvisory.com);
• Glenstone Advisory (Clone) (glenstoneadvisory.com);
• Interactive Markets (interactive-market.net);
• London Bridge (londonbridge.ai);
• Luxenrise (luxenrise.com, trading.luxenrise.com);
• Monexahollding
• NeoWaySolution (neowaysolution.net);
• Picktan Capital (Clone) (picktancapital.com);
• Primeber Group (primebergroup.com);
• ProTradeAlliance (protradealliance.com);
• Quantoria Markets (quantoria-markets.net);
• Richmond Terrace Capital (Clone) (richmondterracecapital.com);
• Signal-Markets (signal-markets.com);
• TheAdvisorSynergy (theadvisorsynergy.com).

The FSMA has also noted that the following websites were putting consumers in contact with fraudulent trading platforms:

• Blackrose Finbitnex (blackrosefinbitnex.com, blackrose-finbitnex.com, blackrosefinbitnexai.com) ;
• Dexlink, Repère Dexlink (repere-dexlink.com) ;
• FlandrexBit (flandrexbit.com) ;
• Fyronex Driftor GPT (fyronexdriftor-gpt.com, fyronexdriftor-gpt.net);
• Pagtrix AI (neo-profit-ai.com, pagtrixaiapp.com, quantum-ai-trading.nl, qumasai.org).

Fraudsters use various techniques to contact their targets, including a fake advertisement which mentions a celebrity or a website intended to ‘recruit’ victims. Some scammers use a fake profile on social media or on a dating app (Tinder, Bumble, Happn, …), whereas others send messages that you have received allegedly by accident (SMS, WhatsApp, Telegram, …).

In each case, the platform tries to lure investors by promising them to earn money in a very short time, often well beyond the sorts of gains that are actually achievable.