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CONSOB Blocks EurotradeCFD’s Solve Smart, 4X News
Abstract：CONSOB moves against Solve Smart and 4X News tied to EurotradeCFD, ordering app takedowns and ISP blocks to protect Italian investors.
CONSOB has intensified enforcement by requesting the removal of the Solve Smart and 4X News apps linked to EurotradeCFD and directing Italian ISPs to block related unauthorized finance websites.
Actions by CONSOB
The regulator asked platform operators to delist Solve Smart on Android and 4X News on iOS after connecting both apps to EurotradeCFDs unlicensed offering in Italy.
In parallel, CONSOB ordered the blocking of several investment websites, including those associated with EurotradeCFD, to curb illegal solicitation of Italian savers.
CONSOB noted that ISP blackouts may take several days to propagate nationwide due to technical rollout constraints.
EurotradeCFD linkage
Both Solve Smart and 4X News were identified as distribution channels tied to EurotradeCFD, whose primary site and client pages are slated for access restrictions in Italy.
This linkage formed the basis for a combined app takedown and website blackout, addressing web and mobile vectors used to reach investors.
The move fits CONSOBs investor-protection mandate to disrupt unlicensed entities before they gain scale through app stores and landing pages.
Also, Consob has ordered the blocking of access to five unauthorized investment websites.
- VT Markets Limited (website www.vtmarketsit.com and related pages https://myaccount.vtmarketsit.com and https://social.vt-academy.net);
- “Aitrade24” (website https://aitrade24.com and related page https://webtrader.aitrade24.com);
- “Telarax” (website https://telarax.io e page https://webtrader.resembox-grey.com);
- “TheToroGlobal” (website https://thetoro-global.com and related page https://client.thetoro-global.com);
- “Eurotradecfd” (website https://eurotradecfd.com and related page https://client.eurotradecfd.com).
Legal basis and guidance
CONSOBs orders rely on Article 36, paragraph 2‑terdecies of the Growth Decree (Law 58/2019), empowering the authority to instruct ISPs to block unauthorized financial services.
Since July 2019, cumulative site blackouts have exceeded 1,400, highlighting sustained action against fraudulent or unlicensed intermediaries.
Investors are urged to verify authorization status before engaging with providers and to watch for scams consistent with CONSOBs public safety messaging.
About CONSOB: Italys Companies and Exchange Commission supervises securities markets, issues investor-protection measures, and enforces actions against unauthorized financial services under national law.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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