Financial Markets Regulator CONSOB Warns Against Titan Trade

Monday, 11/04/2016 | 08:48 GMT by Finance Magnates Staff
  • CONSOB, the Italian financial markets regulator, has added binary options broker Titan Trade to its warning list.
Financial Markets Regulator CONSOB Warns Against Titan Trade
Finance Magnates

Italian financial markets watchdog CONSOB today red-flagged another binary options broker, warning Italian residents against dealing with unauthorised financial service providers who solicit their services online.

The latest addition to its warning list is Titan Trade which has been offering its services via titantrade.com. Investors have been asked to exercise caution when dealing with the three companies associated with Titan Trade’s website. These include Titan Trade Capital Limited, Dom Technology Services Ltd and Titan Trade Solutions Ltd, none of which are authorised to offer investment services in Italy, online or otherwise.

Titan Trade has raised regulatory concerns on several prior occasions. In March 2015, the Ontario Securities Commission (OSC) issued a warning that Titan Trade was not authorised to target Ontario investors. In addition, as reported by Finance Magnates in September, 2015, France’s financial market regulator, the Autorité des Marchés Financiers (AMF), also included Titan Trade in its periodically updated list of websites that offer binary options trading, for which no authorised investment services provider could be identified.

Italian financial markets watchdog CONSOB today red-flagged another binary options broker, warning Italian residents against dealing with unauthorised financial service providers who solicit their services online.

The latest addition to its warning list is Titan Trade which has been offering its services via titantrade.com. Investors have been asked to exercise caution when dealing with the three companies associated with Titan Trade’s website. These include Titan Trade Capital Limited, Dom Technology Services Ltd and Titan Trade Solutions Ltd, none of which are authorised to offer investment services in Italy, online or otherwise.

Titan Trade has raised regulatory concerns on several prior occasions. In March 2015, the Ontario Securities Commission (OSC) issued a warning that Titan Trade was not authorised to target Ontario investors. In addition, as reported by Finance Magnates in September, 2015, France’s financial market regulator, the Autorité des Marchés Financiers (AMF), also included Titan Trade in its periodically updated list of websites that offer binary options trading, for which no authorised investment services provider could be identified.

Topics
Binary Options
CONSOB
Titan Trade
About the Author: Finance Magnates Staff
Finance Magnates Staff
  • 4263 Articles
  • 130 Followers

More from the Author

Retail FX

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"

FMLS:24 panel on "Swimming Naked? Liquidity Amid Market Hiccups"
More Videos

  • FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

    FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

    FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

    FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.

  • Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

    Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

    Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

    Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24

  • Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights

    Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights

    🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus! Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz #FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity

    🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus! Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz #FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity

  • FMLS:24 | Shaping the Next Era of Financial Evolution

    FMLS:24 | Shaping the Next Era of Financial Evolution

    Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients. Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights. 👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo #fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!

    Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients. Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights. 👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo #fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/ 👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents 📸 Instagram: https://www.instagram.com/fmevents_official 🐦 Twitter: https://twitter.com/F_M_events 🎥 TikTok: https://www.tiktok.com/@fmevents_official ▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!