WARNINGS against CFD2FX, Globalix, Alltrade Markets, Grand Trade Exchange, Bcapital Profit, Selinus Investment

The Italian financial regulator CONSOB has given reasons for not trading with six new brokers.


CFD2X is a broker with a large portfolio of assets and trading instruments: currencies, cryptocurrencies, commodities, stocks, ETFs, futures and indices.

CFD2X is base in St. Vincent and the Grenadines and is not regulated.


Globalix is a broker that will allow you to trade currencies, stocks, indices and commodities, with a minimum deposit of $250.

Globalix is locate in the Marshall Islands and is not regulated.

Alltrade Markets

Alltrade markets is a Forex broker that will also provide you with education. The minimum deposit is $500.

Alltrade Markets is headquartered in Lithuania and is not regulated.

Grand Trade Exchange

Grand Trade Exchange is a broker that offer trading with cryptocurrencies, Forex, commodities, indices and stocks. It also can manage your portfolio and its platform has social trading features. The minimum deposit is $100.

Grand Trade Exchange doesn’t provide any real address, it is completely anonymous and not regulated.

Bcapital Profit

The website of Bcapital Profit is unavailable at press time, so we have no information about this broker other than it is not regulated.

Selinus Investment

The website of Selinus Investment was not working at price, so we could not find details about this investment service other than it is not regulated.


CFD2FX, Globalix, Alltrade Markets, Grand Trade Exchange, Bcapital Profit, Selinus Investment are not regulated and the Italians financial regulator CONSOB has warned against dealing with these companies.

For trading we recommend using regulated brokers only.


BrokerRegulatedFree demoLink

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 76-81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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