BitBlanco, a broker that claims to offer world-class trading conditions for Forex and CFD trading, is unfortunately not regulated. This means that the broker operates without a valid license, and there is no regulatory body overseeing its operations. The company’s website provides two pages dedicated to its legal background, but crucial information about its regulation is conspicuously absent. Despite claiming to be registered in the UK, there is no evidence to support this. On November 20, 2023, Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning against BitBlanco. The warning emphasized that BitBlanco is not authorized to provide services to local traders. As Italy is a member of the European Union, CONSOB enforces the common regulations of the European Securities and Markets Authority (ESMA). The warning implies that BitBlanco is not compliant with ESMA’s rules. Following CONSOB’s warning, several other European regulators reposted the alert and flagged BitBlanco as an illicit platform. These authorities include the Spanish Comisión Nacional del Mercado de Valores (CNMV), the Financial Supervisory Authority of Norway (Finanstilsynet), and the Estonian Financial Supervision Authority (Finantsinspektsioon). In conclusion, BitBlanco is an unregulated Forex broker. It has been blacklisted by four European regulators, including CONSOB. Therefore, it is highly recommended to find a licensed provider that operates under the supervision of reputable financial market authorities such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), the Swiss Financial Market Supervisory Authority (FINMA), the Commodity Futures Trading Commission (CFTC) & National Futures Association (NFA) in the US, the Australian Securities and Investments Commission (ASIC), or the Investment Industry Regulatory Organization of Canada (IIROC).