The Cyprus Securities and Exchange Commission (CySEC) today expanded its list of unauthorised investment firms by adding 12 entities to it.
The regulator warns against the following websites:
- fundednowprop.com
- fiat-global.com & platform.fiatfxtrade.com
- buxmapps.com
- actaswiss.com
- trader-trust.eu
- fpmhelenic.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 above-mentioned websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of 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 conducting business with investment firms, in order to ascertain the entities, which are licensed to provide investment services and/or investment activities.