In today’s fast-moving online trading environment, investors need to be cautious about where they put their money. One such broker raising red flags is EXT24. This EXT24 review highlights crucial warnings and risks every trader must know before engaging with this platform.
EXT24 Broker Overview
- Website: https://ext247.co/
- Website Availability: Yes
- Address: Omonoias 135-7th Floor, Limassol 3010, Cyprus
- Owned By: EXT24
- Blacklisted by: Commissione Nazionale per le Società e la Borsa (Italy) – (CONSOB) (Check Full Warning here: https://www.consob.it/web/consob-and-its-activities/warnings/latests)
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
Regulation Concerns and Official Warnings
According to its website, EXT24 claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). However, an investigation revealed that no such registration exists under CySEC. Moreover, on May 16, 2025, Italy’s financial regulator, CONSOB, officially ordered the blackout of the EXT24 website, citing illegal financial activity. This action alone raises serious doubts about the legitimacy of EXT24.
Why You Should Be Cautious
Here are a few red flags surrounding EXT24:
- No valid regulatory license
- False claims of CySEC regulation
- Blackout order by CONSOB for illegal operations
- Website: https://ext247.co/ appears to be operating without oversight
The lack of transparent licensing and multiple regulatory warnings make this broker extremely risky for investors.
Final Thoughts – Is EXT24 a Scam?
Based on multiple sources and regulatory alerts, EXT24 appears to be unregulated and unsafe. This EXT24 review urges traders to stay away and seek more reputable, licensed alternatives.
How to Recover Your Funds
If you’ve lost money to EXT24 or a similar scam broker, don’t lose hope. Visit Fraud Recovery Experts to connect with professionals who specialize in fund recovery, legal support, and scam resolution. Act fast—your financial recovery begins with the right help.
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