The Cyprus Securities and Exchange Commission (CySEC) issued an investor warning that five websites are not operated by an entity authorised to provide investment services and/or perform investment activities under Article 5 of Law 87(I)/2017. The warning lists extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com and upfrontfoundation.net. CySEC urged investors to verify on its website whether an entity is licensed before conducting business with investment firms.
Cyprus Securities and Exchange Commission warns investors about five unauthorised investment services websites
The Cyprus Securities and Exchange Commission (CySEC) issued a warning regarding five websites not authorized to provide investment services under Article 5 of Law 87(I)/2017. The sites include extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com, and upfrontfoundation.net. CySEC advises investors to verify the licensing status of entities on its website before engaging in business.