Belgium's Financial Services and Markets Authority (FSMA) yesterday issued a warning against 21 new fraudulent trading platforms that have emerged on the Internet in recent weeks.

These illegal trading platforms are as follows:

1. Asia Coinin (www.asia-coinin.com)

2. Binotrader (binotrader.com)

3. Buxberg (buxberg.com)

4. Cedar Financial (cedarfinancial.ltd)

5. Central Margins (centralmargins.com)

6. Coinclick (coinclickex.com)

7. Coins Crossing (coinciros.com)

8. Coins Trades (coinstrades.com)

9. GLE Markets (glemarkets.com)

10. Globale-Invest (www.globale-invest.com)

11. Grow Deposits (trade.growdeposits.net)

12. Itoro-Capital / ItoroStocks (itoro-capital.com;  itoro-capital.co;  itoro-capital.net)

13. Mega Markets (megamarkets.com)

14. RXK Capital (rxkcapital.com;  www.rxkcapital.org)

15. STB Markets (stbmarkets.com)

16. Stocks Views (stocks-views.com)

17. Thinvest (thinvest.com)

18. Ulian Pro (ulianpro.site)

19. Webull Investing (webullinvesting.com)

20. Wilton Option (wiltonoption.com)

21. Xpoken (xpoken.com)

The financial regulator pointed out that the above-mentioned platforms tried to arouse the curiosity of consumers by placing fraudulent advertisements on social media or online video platforms. In these fake ads, a (well-known) person often explains how to get rich quick. In addition, some fraudulent trading platforms offer so-called "membership programs" to consumers, which show signs of pyramid schemes.

FSMA strongly advises investors to exercise caution in their investment activities by checking the identity of the company and verifying that the company concerned has the necessary authorisation before making any payment to avoid fraud.