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Clone Asteo Trade

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Risk Level - High

Scam Evidence & Warnings

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The CSSF identifies asteo-group.com as a clone On November 7th, 2024, the Commission de Surveillance du Secteur Financier (CSSF) issued a warning about asteo-group.com, stating that it is not supervised by the CSSF and has not been granted any authorization to provide investment services or other financial services in or from Luxembourg. https://www.cssf.lu/en/2024/11/warning-concerning-fraudulent-activities-by-persons-misusing-the-name-of-asteo-luxembourg-s-a/.

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BrokersView has Reviewed that asteo-group.com is an Unregulated Broker The website claims to be a trade name operated by Asteo Luxembourg, is a broker authorized and regulated by the The Commission De Surveillance Du Secteur Financier (CSSF) in the Luxembourg, offering a range of investment products to traders, including Stocks, Indices, Forex, Commodities, Bonds, ETFs and more instruments for trading in global markets. Upon investigation, we found that ASTEO LUXEMBOURG S.A.'s registration has expired in CSSF, so Asteo Tradeis not authorized and regulated by the CSSF. And the Commission de Surveillance du Secteur Financier (CSSF) issued a warning about asteo-group.com, stating that Asteo Trade is not supervised by the CSSF and has no association with the mentioned entity. The truth is that asteo-group.com is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. This is a scam.

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The CONSOB blacklists asteo-group.com On December 19, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered asteo-group.com to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-19-december-2024-abuse-/718268

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The CySEC releases a warning about asteoltdgroup.com On 14 February 2025, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company asteoltdgroup.com, which is offering financial and investment services without the required authorization. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=a871a5e0-116b-4ac3-95dc-8aa5aa77073a

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BrokersView has identified that Clone Asteo Trade's website is currently offline BrokersView found that the domain "https://asteo-group.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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