The Italian financial authority CONSOB has warned against two cryptocurrency brokers.
AXE Crypto Currency and Market TM are offering trading with crypto derivatives, Market TM even adds currencies on Forex.
But neither of these brokers is regulated, AXE Crypto Currency is even hiding where it is from. Despite the lack of authorization both brokers are targeting regulated territories such as Italy.
This is why the CONSOB has placed both brokers on its blacklist.
For trading we recommend using regulated brokers only.