The Cyprus Securities and Exchange Commission (CYC) has today expanded the list of unauthorized investment companies by adding 12 entities to it.
The regulator warns about the following websites:
- fundednowprop.com
- fiat-global.com & platform.fiatfxtrade.com
- buxmapps.com
- actaswiss.com
- trader-trust.eu
- fpmhellenic.com & client.clients-area.com/register
- doofinancial.com
- wallstreet-fx.io
- fidelitycfd.com & wt.fidelitycfd.com
- vstarsoho.net
- alfacapitalmarket.com
- forexelite.co & forexelite.trade/private
CySEC notes that the aforementioned websites do not belong to an entity that has been granted a license to provide investment services and/or carry out investment activities, as provided for in article 5 of Law 87 (I)/2017.
The Commission urges investors to consult its website (www.cysec.gov.cy), before dealing with investment firms, in order to ascertain the entities licensed to provide investment services and/or investment activities.