Your February 2025 CBI Alert: Unauthorized Companies to Avoid in Ireland

Established in 2011, the Central Bank of Ireland(CBI) regulates brokers, insurers, credit unions, and lenders in Ireland, ensuring consumer protection and financial stability. It licenses and oversees financial activities to maintain market integrity.

Scammers are using increasingly sophisticated methods to try to get your money and personal data. Fake websites, social media adverts, text messages, phone calls, and emails pose a financial risk to investors in Ireland and around the world.

Investors can also use WikiFX, a comprehensive broker database and information platform covering multiple countries, to find out whether more than 65,000 companies are suitable for investment.

Below is a list of unauthorized companies in February for which the Central Bank has issued warning notices. The list details the date on which the Central Bank issued the warning notices and the country in which the companies are located.