Italy Orders Blocking of Six Unauthorized Investment Websites

Italys market regulator has ordered the blocking of six unauthorized websites, continuing its action against online platforms offering financial products or investment services without approval.

The latest order includes one website linked to a public offer of financial products without a prospectus, as well as five websites allegedly providing investment services illegally.

Contents

01

Six websites named in the latest order

02

Client portals and app pages appear again

03

Total blocked websites reaches 1,729

04

Online fraud methods continue to evolve

05

About WikiFX

Six websites named in the latest order

The latest blocking order covers the following entities and websites:

• ArizonaTrade — arizona-trade.com, client.arizona-trade.com, web.arizona-trade.com
• Afex Markets — afexmel.it, afexmarketsltd.it, client.afexmarketsltd.it
• Lgquantichft — lgquantichft.com, app.lgquantichft.com
• Trading Europe BV — tradingeuropebv.com
• OÜ NIBBLE ITSF / Nibble Finance — nibble.finance

According to the regulator, nibble.finance was used to offer financial products to the public without the required prospectus. The other websites were linked to unauthorized investment services or activities involving financial instruments.

Client portals and app pages appear again

Several of the named platforms do not rely on a single homepage. They also use client areas, web trading pages, or app-style portals.

This appears in the cases of ArizonaTrade, Afex Markets, and Lgquantichft, where the public-facing website is connected to additional login or trading pages. This structure has appeared repeatedly in recent online investment warnings, as operators separate marketing pages from areas used for account access or trading activity.

Total blocked websites reaches 1,729

With the latest order, the total number of websites blocked by CONSOB since July 2019 has reached 1,729. Of these, 204relate to crypto-asset activity.

Internet service providers in Italy are now implementing the blocking orders. As usual, access restrictions may take several days to take effect due to technical processing.

Online fraud methods continue to evolve

The regulator also pointed to the growing use of deceptive online methods, including cloned websites, fake emails, fabricated public profiles, and AI-generated images, voices, or videos.

The pattern remains consistent: unauthorized operators use professional-looking websites, multiple domains, and digital tools to make investment offers appear more credible. For users, the key check is still whether the entity behind the website is authorized and whether any required prospectus or disclosure document has been published.

About WikiFX

WikiFX is a global broker information platform that provides broker profiles, licence records, regulatory updates, risk alerts, and user exposure data to help users review a platforms public compliance background.