Is TRADE REPUBLICA a scam?

https://cfd.traderepublicatrading.com/

Dear Investor,

We want to inform you that TRADE REPUBLICA is a scam.

The company falsely claims to be licensed by a fake regulatory body, FISEU, which is a clear indicator of fraudulent practices. Additionally, both the Italian Companies and Exchange Commission (CONSOB) and the Comisión Nacional del Mercado de Valores (CNMV) have issued warnings about this unauthorized firm, highlighting the risks involved.

Given these serious concerns, it is clear that TRADE REPUBLICA cannot be trusted. For your safety and peace of mind, we strongly recommend avoiding any interactions with this company.