CONSOB Blocks Multiple Domains Linked to Five Unlicensed Platforms

Italys financial regulator CONSOB has moved to restrict access to five online platforms found to be operating without authorization. These websites, presenting themselves as legitimate financial service providers, were offering investment products to Italian users in violation of local regulations.

The following platforms have been flagged and are now subject to access restrictions within Italy:

• Fibonachis – fibonachis.com and webtrader.alynto.tech
• PrimeXMarkets Ltd – primexmarkets.com and client.primexmarkets.com
• Blyx Ultra – blyxultra.com, blyxultraltd.com, and cfd.platformt121-3-3.com
• State Street Markets Limited – streetstate.vip
• EXT24 – ext24.co and my.ext24.co

According to CONSOB, these platforms have been offering financial or trading services to the Italian public without holding any regulatory license. Some display sophisticated web design and trading interfaces to appear credible, while lacking any formal oversight or compliance with EU investment laws.

The access restriction, enforced through Italys “Growth Decree,” empowers CONSOB to request internet providers to block unlicensed financial websites. Although implementation by ISPs may take several days, investors are strongly advised to avoid engaging with any of the listed domains.

This latest action adds to a growing list of over 1,300 platforms that have been blacked out by CONSOB since it was granted web-blocking authority. The increasing prevalence of such cases highlights the need for stronger awareness and verification before investing online.

Investors are reminded that appearance does not equal legitimacy. Many fraudulent websites mimic the branding of real financial institutions, promise unusually high returns, or pressure users into quick decisions.

To stay safe, always verify the regulatory status of a platform before depositing funds. Tools like WikiFX can help you identify whether a broker holds a valid license, what jurisdiction it falls under, and how it has been reviewed by other users. Avoid platforms not listed in official registries, and be especially wary of unsolicited offers received via social media, messaging apps, or email.

If you suspect a platform may be fraudulent, report it promptly to the relevant authorities—and consult reliable resources before taking any investment action.