Warnings against companies

On this page, you will find an overview of warnings against possible illegal activities from the Danish Financial Supervisory Authority (DFSA) and a link to IOSCO’s database of warnings from supervisory authorities worldwide.

Check whether the DFSA or another authority has issued a warning against the company before you invest or transfer money.

Finanstilsynet recommends that you do not accept offers from companies that supervisory authorities have warned against.

Please note that even if the DFSA or other supervisory authorities have not issued a warning against a company, this does not automatically mean that the company is genuine and legal.

If you want to be sure that you are dealing with a registered company, check whether the company is listed in the DFSA’s company register. If the company does not appear, it is not authorised to offer financial services in Denmark, and there may be no consumer or investor protection.

See the DFSA’s company register

Search for the company’s name in the DFSA’s register of warnings.

Also search for the company’s name in the database from The International Organization of Securities Commissions (IOSCO), which collects warnings from authorities worldwide. See the IOSCO database of warnings.

See also ESMA’s warnings and fact sheets on, among other things, online fraud involving cryptocurrencies and artificial intelligence, etc.

Warnings from the DFSA

Download table
FirmDateLink to the DFSA's warning
Stærk Bitzenex08-12-2025www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2025/dec/advarsel-staerk-bitzenex
Bugatrex06-11-2025www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2025/nov/advarsel-mod-bugatrex
Ærlig Vaultrow30-10-2025www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2025/okt/advarsel-mod-aerlig-vaultrow
Quantum AI30-10-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-quantum-ai-2
www.aaa-vermoegensverwaltung.com13-10-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-website-wwwaaa-vermoegensverwaltungcom
Himmel-capital.com01-09-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-himmel-capitalcom
Space AI20-08-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-space-ai
Reservefort/Finbank12-08-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-reservefort/finbank
SXHOLD12-08-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-sxhold
FlexCo-Invest06-08-2025www.dfsa.dk/supervision/warnings-against-companies/2025/advarsel-mod-flexco-invest
Luxanpros LTD06-08-2025www.dfsa.dk/supervision/warnings-against-companies/2025/advarsel-mod-luxanpros-ltd
Edrick Investment06-08-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-edrick-investment
Copenhagen Capital Bank09-07-2025www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2025/jul/advarsel-mod-copenhagen-capital-bank
Finswift Text Inc.26-06-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-finswift-text-inc
FXMeridian11-06-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-fxmeridian
Odrax Group17-03-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-odrax-group
Misbrug af navnet Linconomy ApS (klonvirksomhed)17-03-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-fraudulent-use-of-the-name-of-linconomy-aps-by-clone-firm
Delta-Stock11-03-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-delta-stock
TD365.com28-02-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-investing-with-td365com
Misbrug af navnet Whitecroft Capital Fondsmæglerselskab A/S (klonvirksomhed)19-02-2025www.dfsa.dk/supervision/warnings-against-companies/2025/warning-against-fraudulent-use-of-the-name-of-whitecroft-capital-fondsmaeglerselskab-a/s-by-%E2%80%98clone-firm%E2%80%99
Skibs Banken10-02-2025www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2025/feb/advarsel-mod-skibs-banken
Misbrug af navnet Capital Four Invest (klonvirksomhed)13-12-2024www.dfsa.dk/supervision/warnings-against-companies/2024/warning-against-fraudulent-use-of-the-name-of-capital-four-invest-by-%E2%80%98clone-firm%E2%80%99
UWM Trading01-11-2024www.dfsa.dk/supervision/warnings-against-companies/2024/warning-regarding-uwm-trading
T4Trade24-10-2024www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2024/okt/advarsel_mod_t4trade
VT Markets30-09-2024www.dfsa.dk/supervision/warnings-against-companies/2024/warning-against-trading-securities-with-vt-markets
Bybit30-09-2024www.dfsa.dk/supervision/warnings-against-companies/2024/warning-against-trading-securities-with-bybit
AbitoTrade15-08-2024www.dfsa.dk/supervision/warnings-against-companies/2024/warning-against-abitotrade
Misbrug af navnet Atlas Partners ApS (klonvirksomhed)31-05-2024www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2024/maj/atlas-partners_310524
Misbrug af navnet Global Evolution Fondsmæglerskab A/S (klonvirksomhed)19-09-2023www.dfsa.dk/supervision/warnings-against-companies/2023/warning-against-fraudulent-use-of-the-name-of-global-evolution-fondsmaeglerskab-a/s-by-%E2%80%98clone-firm%E2%80%99
Misbrug af navnet Danske Bank (klonvirksomhed)29-06-2023www.dfsa.dk/supervision/warnings-against-companies/2023/warning-against-fraudulent-use-of-the-name-of-danske-bank-a/s-by-%E2%80%98clone-firm%E2%80%99
Misbrug af navnet Midtjysk Forsikring (klonvirksomhed)27-06-2023www.dfsa.dk/supervision/warnings-against-companies/2023/the-danish-financial-supervisory-authority-warns-against-misuse-of-the-name-midtjysk-forsikring
Vantage Markets (Pty) Ltd26-05-2023www.dfsa.dk/supervision/warnings-against-companies/2023/warning-against-conducting-securities-trading-with-vantage-markets-pty-ltd
Pacific Union (Seychelles) Limited (PU Prime)26-05-2023www.dfsa.dk/supervision/warnings-against-companies/2023/warning-against-conducting-securities-trading-with-pacific-union-seychelles-limited-pu-prime
Merbok Limited Bank17-12-2021www.dfsa.dk/supervision/warnings-against-companies/2021/warning-against-merbok-limited-bank
GiroFX05-11-2020www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2020/nov/girofx
Amber19-05-2020www.dfsa.dk/supervision/warnings-against-companies/2020/warning-against-amber
Lånebank13-12-2019www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2019/dec/laanebank
Sapone Trading25-10-2019www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2019/okt/advarsel_mod_sapone_trading
PrivatBanken, www.privatbanken.dk15-10-2019www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2019/okt/privatbanken
Chris Gardner Group14-08-2019www.dfsa.dk/supervision/warnings-against-companies/2019/warning-against-chris-gardner-group
Misbrug af navnet IWC Investment (klonvirksomhed)27-02-2019www.dfsa.dk/supervision/warnings-against-companies/2019/warning-against-fraudulent-use-of-the-name-and-license-of-iwc-investment-partners-a/s
UW Investment (klonvirksomhed)27-02-2019www.dfsa.dk/supervision/warnings-against-companies/2019/warning-against-fraudulent-use-of-the-name-and-license-of-iwc-investment-partners-a/s
LCM Global23-01-2019www.dfsa.dk/supervision/warnings-against-companies/2019/warning-against-lcm-global
Option Stars18-09-2018www.dfsa.dk/supervision/warnings-against-companies/2018/warning-against-option-stars
Sumitomo Gunma Holdings06-09-2018www.dfsa.dk/supervision/warnings-against-companies/2018/warning-against-sumitomo-gunma-holdings
UB4TRADE02-03-2018www.dfsa.dk/supervision/warnings-against-companies/2018/warning-against-ub4trade
GCC Investing02-03-2018www.dfsa.dk/supervision/warnings-against-companies/2018/warning-against-gcc-investing
ATB Holdings19-01-2018www.dfsa.dk/supervision/warnings-against-companies/2018/warning-against-atb-holding-and-tst-international
Toronto Sumitomo Trading International (TST International)19-01-2018www.dfsa.dk/supervision/warnings-against-companies/2018/warning-against-atb-holding-and-tst-international
OTM Capital01-12-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-otm-capital
SolidCFD27-11-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-solidcfd
Tokai National Partners18-10-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-tokai-national-partners
Koenig Rowe - Campbell Alliance31-08-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-koenig-rowe-campbell-alliance
GTP Capital02-08-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-gtp-capital
Pacifik Chiba Trust31-07-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-pacifik-chiba-trust
Entrada Capital25-04-2017www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2017/apr/advarsel-mod-entrada-capital
Rubin Dunn15-02-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-rubin-dunn
Titan Trade23-01-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-titan-trade
23 Traders23-01-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-23-trade
TechOption19-01-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-techoption
Binary Option Auto Trading02-01-2017www.dfsa.dk/supervision/warnings-against-companies/2017/warning-against-binary-option-auto-trading
Misbrug af navnet BLS Investments (klonvirksomhed)18-11-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/nov/advarsel-bls-capital-fondmaeglerselskab-181116
Den Danske Metode05-08-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/aug/advarsel-den-danske-metode-050816
Nippon Capital Asset Management01-06-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/jun/advarsel-nippon-capital-010616
Osaka Financial01-06-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/jun/advarsel-nippon-capital-010616
Emerging Invest Copenhagen ApS12-05-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/maj/advarsel_emergign_invest_and_union_invest
Union Invest ApS12-05-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/maj/advarsel_emergign_invest_and_union_invest
FleksibeltLån09-03-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/mar/advarsel-fleksibeltlaan-090316
ProfitSamler20-01-2016www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2016/jan/advarsel-profitsamler-200116
Last updated 21-07-2026