Belgium Financial Services and Markets Authority updates its warning list of fraudulent trading platforms including Flash Deal Academy and NeuroTradeX

Belgium’s Financial Services and Markets Authority (FSMA) published a fresh warning about a new wave of fraudulent online trading platforms, urging investors to avoid offers that promise unusually high returns in a very short period and updating its list of suspected scam entities. The FSMA describes common approaches used by fraudsters, including fake celebrity adverts, “recruitment” websites, fake social media or dating profiles, accidental-message lures, and introductions via acquaintances. After registration, victims are typically encouraged to deposit funds (often starting around EUR 250) and may be persuaded to allow remote access to their device; the platforms then display fictitious profits, apply pressure to invest more (calls, time-limited offers, threats), and obstruct larger withdrawals using pretexts such as fees or taxes. The FSMA also notes pyramid-style variants and identifies Flash Deal Academy and NeuroTradeX as websites putting consumers in contact with fraudulent platforms, alongside a broader set of named platforms it advises the public to avoid, stressing the list is not exhaustive and directing consumers to verify authorisations via its “Check your provider” resource. For suspected victims, the FSMA recommends stopping all transactions and contact, informing their bank, reporting the fraud to the FSMA and the police, preserving evidence of communications and transactions, and being wary of paid “recovery room” approaches that may constitute further scams.