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Telarax
Operating status: SCAM
Website: https://telarax.com/en/homehttps://telarax.io/en/home#
Broker violations and abnormal records
On May 8, 2025, the Italian Companies and Exchange Commission (CONSOB) has ordered Telarax's website to be blacked out since it offers financial services illegally. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-8-may-2025/718268
On May 8, 2025, the Italian Companies and Exchange Commission (CONSOB) has ordered Telarax's website to be blacked out since it offers financial services illegally. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-8-may-2025/718268This website seems to be only over 3 months old, with its domain name just registered in February 2025. We looked into this financial site but haven't found any records to suggest that Telarax is registered or regulated. The company behind this brand is almost anonymous due to the lack of company information.
In addition, the Italian Companies and Exchange Commission (CONSOB) has ordered Telarax's website to be blacked out since it offers financial services illegally.
In essence, Telarax is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Telarax appears to be a scam.
This website seems to be only over 3 months old, with its domain name just registered in February 2025. We looked into this financial site but haven't found any records to suggest that Telarax is registered or regulated. The company behind this brand is almost anonymous due to the lack of company information. In addition, the Italian Companies and Exchange Commission (CONSOB) has ordered Telarax's website to be blacked out since it offers financial services illegally. In essence, Telarax is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Telarax appears to be a scam.On Oct 1, 2025, the Italian Companies and Exchange Commission (CONSOB) ordered Telarax to be blacked out since it offers financial services illegally in Italy using a new domain name (https://telarax.io/en/home#). https://www.consob.it/web/area-pubblica/-/delibera-n-23686
On Oct 1, 2025, the Italian Companies and Exchange Commission (CONSOB) ordered Telarax to be blacked out since it offers financial services illegally in Italy using a new domain name (https://telarax.io/en/home#). https://www.consob.it/web/area-pubblica/-/delibera-n-23686
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