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Spain’s CNMV warns against CVC Markets, other offshore FX brokers

Gerald Segal 0 Comments June 1, 2020

Spanish financial regulator Comisión Nacional de Mercado de Valores (CNMV) has issued a warning regarding several unlicensed offshore FX brokers and signal providers.

The CNMV issues these warnings on a fairly frequent basis, when it becomes aware of unlicensed companies targeting Spanish traders, or when it receives such information from other EU national regulators.

The entities listed by the updated CNMV warning include:

inverten.com

grandefex.com (GRANDEFEX, SOLEIL ROUGE INC)

navitasmarkets.com (NAVITAS MARKETS, SALVAX LTD)

atirox.com/es/, (ATIROX INC)

cabanacapitals.com/ (CABANA CAPITALS LIMITED)

cvcmarkets.com (CVC MARKETS)

fx-gen.com/es/ (FXGEN LTD)

trustinvesting.com (Trust Investing)

umarketspro.net/es/ (Universal Markets, UM Media LLC)

es.wforex.com/ (EXISTRADE LTD)

Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.