valeo fx ab (publ)

Valeo FX, also operating as Valeo Financial Trading, presented itself as a provider of online trading services for forex, stocks, commodities, and indices. The company targeted clients across Europe, soliciting investments for its trading platform. However, it operated without the necessary authorization from relevant financial authorities. This led to several national regulators, including the UK's FCA and Sweden's Finansinspektionen, issuing public warnings in 2021, alerting consumers that the firm was operating illegally and was not authorized to provide financial services. The company's official website has since become inactive.