Telarax - Is this a forex scam?

https://telarax.com/en/home

Dear Investor,

We strongly suggest you stay away from Telarax.

Telarax's website is just over three months old, with its domain first registered in February 2025—a typical characteristic of unreliable trading platforms that often disappear without accountability. Our investigation found no records confirming Telarax's registration or regulatory status, and the company behind it remains nearly anonymous, providing little to no transparency about its operations.

Further reinforcing concerns, the Italian Companies and Exchange Commission (CONSOB) has ordered Telarax’s website to be blacked out, citing its illegal provision of financial services.

Given these warning signs, Telarax appears to be a fraudulent entity, and investors are strongly advised to avoid trading with it to prevent financial losses.