The Chile Financial Market Commission (CMF) issued a public alert warning that several entities offering financial services are not registered with the CMF and are not legally authorised to provide regulated services, meaning the CMF cannot supervise or sanction them. The warning covers FOREXBANK LATAM, GROUP LATAM, KEY SOFT TECHNOLOGY SPA, GRUPO PALM, and CRYPTOMARGTEN LLC (www.forexbankla.com and www.strade.cl); NOMOAI, ZENFY, and NOMOTRADE (www.m.tgtex.com, https://m.tgtex.com, and https://promo.nomotrade.com); FINCLOUD, FINCLOUD.CAPITAL, and SURREPTITIOUS GROUP LLC (https://fincloud.capital, https://fincloud.center, https://fincloud.life, https://fincloud.live, https://webtrader.fn-trade.link, and https://webtrader.fincloud.live); SURTRADING SPA and SECRET CLUB CHILE (www.surtradingoficial.com, https://www.secretclubchile.com, and www.secretclubchile.com); and ZENSTOX, VIE FINANCE SEY LTD, XCITE MOBILE TRADING, and XCITE MOBILE TRADING (APP) (www.zenstox.com). The CMF advised investors to verify on the CMF website whether a firm is registered and who is responsible for its management, and to use internet searches to check for complaints or negative feedback. It also pointed to CMF website resources for checking supervision status and reviewing alerts issued by the CMF and foreign regulators on unregulated entities or activities.
Chile Financial Market Commission 2026-01-08
Chile Financial Market Commission warns investors about multiple unregistered entities offering regulated financial services online
The Chile Financial Market Commission (CMF) issued a public alert warning that several entities offering financial services are not registered or legally authorized, preventing CMF supervision or sanctioning. Entities include FOREXBANK LATAM, GROUP LATAM, KEY SOFT TECHNOLOGY SPA, among others. The CMF advises investors to verify firm registration and management on its website and to check for complaints or negative feedback online.