Consob warning on: Signal Invention , Game Group, TradersHome, STSCrypto, Ibi Trader,, Lonza Group

Signal Invention s.r.o. (“Financial-Signal”) ( – Gam Group Ltd (“MarketsFX”) ( – TradersHome Ltd ( – StsCrypto (

Consob has ordered the black-out of 4 websites that offer financial services illegally.

The commission availed itself of the new powers resulting from the ‘Decreto Crescita’ (‘Growth Decree’; Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), on the basis of which Consob can order internet access providers to block access from Italy to websites offering financial services without the proper authorisation.

The companies and websites are listed below:

  • Signal Invention s.r.o. (“Financial-Signal”) through the website;
  •  Gam Group Ltd (‘MarketsFX’) through the website;
  •  TradersHome Ltd through the website;
  •  STSCrypto through the website

The measures with which the aforementioned companies were ordered to terminate the abusive activity can be viewed on the website

The black-out of these websites by internet access providers operating on the Italian market is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

Pursuant to paragraph 1 d) of article 99 of Legislative Decree 58/1998 (Consolidated Law on Finance – TUF), Consob has also prohibited the offer to Italian persons residing in Italy:

of the investment package named “ricarica conto gioco” made by Ib Trader Srl and Srl, also through the website (Resolution no. 21107 of 9 September 2019);

of the investments of a financial nature promoted by Lonza Group Srl also through the (Resolution 21106 of 9 October 2019).

(Published in “Consob Informa” no. 35/2019 – 14 October 2019)

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