Despite the tragedy that has struck Italy the Italian financial regulator CONSOB continues doing its work.
Recently the agency warned about yet another fraudulent forex company, named FXTrading Corp. The company in question Is not registered and as such was added to the warning list of Commissione Nazionale per le Societa e la Borsa (CONSOB).
The fraudulent broker operates via a website where it does not even bother with providing a contact address.
It claims it is providing the MetaTrader 4 trading platform and promises a big leverage standing at 1:200 (something which is banned on EU territory, by the way) as well as floating spreads.
Yet another bucketshop with a name that may as well say "Scam Inc.", criminals are terribly unoriginal.