28 December, AtoZForex.com, Amsterdam — Today’s CONSOB warning on OptionCM and CRlink limited, has been issued after the Italian financial regulator discovered that its parent firm DGX SYSTEM Ltd (DGX) is not authorize to provide any investment services in the Italian jurisdiction. The warning of DGX came today along with the clamp down on the website ifx4u.com, marking the increased regulated activities of the Commissione Nazionale per le Società e la Borsa (CONSOB).
OptionCM is not compliant with any regulator
In more detail about DGX and its two brand names OptionCM and CRlink limited. DGX owns the brand name OptionCM, a binary options trading platform and brokerage firm that claims to be operating over 90 countries worldwide. DGX operates OptionCM through the website optioncm.com domain, except within the EU Economic Area.
According to the website of OptionCM, was founded by a group of experienced professionals with a financial trading background. OptionCM offers tradable stocks, commodities, indices and currencies on its binary options platform. Interestingly, the financial firms claims to provide increased secured money management, AML procedures and even a risk warning, yet the firms does not disclose to be compliant with any of the renowned financial regulators.
Avoid any dealings with OptionCM
Being not compliant with any financial regulator, it goes without saying that today’s CONSOB warning on OptionCM got issued immediately. The CONSOB has also disclosed the following contact details of DGX, for investors to avoid any dealings with the binary options firm:
|Name:||DGX SYSTEM Ltd|
|Address:||3rd floor, C&H Tower Corner of Great Marlborough and Great George Streets, Roseau 00152, Commonwealth of Dominica|
|Phone:||0044 2031501862, 0054 1159841800|
Beware of DGX brand CRlink
Aside, the CONSOB warning on OptionCM, investors are also warned against any dealings with CRlink, which operates as a payment services of DGX. The Italian regulator has also given free the contact details of CRlink Limited:
|Address:||20-22 Wenlock Road, London N1 7GU|
Last but not least, the Italian regulator stresses again that investors always need to check the local registry, before committing any funds with a financial firm. For an impression of the previous CONSOB warning, click here.
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