Italian regulator warns against social trading network Investocopy

Italy’s financial markets watchdog Consob has earlier today updated its list of unauthorized investment companies.

Amid the latest additions to the list of such unauthorized businesses is Investocopy Network Ltd (Cipro), a company that offers a raft of social trading and copy trading services, targeting Italian investors.

The regulator notes that Investocopy Network Ltd (Cipro) is not permitted to offer investment (and related) services to Italian investors in any way, including via https://investocopy.com and www.copytowin.com.

Let’s mention that neither of the two websites provides any information whatsoever regarding licenses, authorization or registration in any jurisdiction.

To view the warning from Italy’s watchdog, click here.

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