CloudTrading – Commissione Nazionale per le Società e la Borsa Warning

What Is This Scam?

CloudTrading is an unregistered and unlicensed financial services entity operating through the websites cloudtrading.co and my.cloudtrading.co. It presents itself as a legitimate financial services provider but operates without authorization from any recognized regulatory authority. The entity falls into the category of unregistered and unlicensed firms offering financial products or services, which is illegal in most jurisdictions including Italy.

Regulatory Warning

The Commissione Nazionale per le Società e la Borsa (CONSOB), Italy's primary financial regulatory authority responsible for supervising financial markets and protecting investors, issued an official warning against CloudTrading on March 13, 2026. CONSOB's warning identifies CloudTrading as an entity operating without proper licensing or registration. This warning appears on CONSOB's official alerts page and serves as a formal notice to Italian consumers and investors to avoid conducting business with this entity.

Digital Footprint

CloudTrading operates through multiple web properties designed to facilitate fraudulent activity. The primary domain cloudtrading.co hosts the main scam operation, while my.cloudtrading.co appears to be a customer portal or account management interface used to enhance the appearance of legitimacy and facilitate victim engagement. The use of multiple subdomains is a common tactic employed by scammers to create an impression of a professional, established organization. Domain registration information for cloudtrading.co is not publicly available, which itself is suspicious as many legitimate firms maintain transparent WHOIS records. The unavailability of registration data may indicate use of privacy services or other obfuscation techniques designed to conceal the operators' identities.

Red Flags

• Operates without registration or licensing from CONSOB or any recognized financial authority
• Official warning issued by Italy's financial regulator
• Multiple domain names designed to appear like a legitimate organization
• Domain registration information is hidden from public view
• Claims to offer financial products or services without proper authorization
• Operates as an unregistered entity in defiance of Italian financial regulations

What To Do If You Have Been Contacted

If you have been contacted by CloudTrading or have already provided personal or financial information to this entity, take immediate action. Do not send any money or provide additional personal details. Cease all communication with the organization. Report the scam to CONSOB through their official website and file a complaint with your local law enforcement or financial crime authorities. If you have already transferred funds, contact your bank or payment provider immediately to report the fraud and explore recovery options. Monitor your financial accounts closely for suspicious activity and consider placing a fraud alert with credit bureaus if personal information was compromised.