Skip to Primary Navigation

Sweden sees surge in fraudulent trading platforms

Sharp rise in cybercrime
Photo: Sean Gallup/Getty Images

The Swedish FSA, Finansinspektionen (FI), warns of over 100 actors operating without a permit.

Sweden’s financial market watchdog has warned consumers about 104 fraudulent trading platforms that operate without a permit.

The sites are designed to mimic real trading services – including charts, dashboards, and testimonials – offering stocks, indices, and crypto assets. Financial advice and enticement for easy deposit-making and quick profit are

“In times

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience