The Cyprus Securities and Exchange Commission (CySEC) issued an investor warning stating that a set of websites are not associated with any entity authorised to provide investment services or perform investment activities under Article 5 of Law 87(I)/2017. The websites listed are paragonsigs.com, efinancepro.com, enxutto.net, admiraleu-brokerz.com, investfrx.com, vistatradex.com, admiralsunited.com, client.admiralsunited.com, fehelmante.pro, hollytradebase.com, xtbtradingco.com and hoxtoncapitals.com. CySEC urged investors to check its website to confirm whether a firm is licensed before doing business with it.
Cyprus Securities and Exchange Commission warns investors about 11 unauthorised investment services websites
The Cyprus Securities and Exchange Commission issued an investor warning that a number of named websites are not associated with any entity authorised to provide investment services or perform investment activities under Article 5 of Law 87(I)/2017. The authority urged investors to verify on its website whether a firm is licensed before engaging with it.