The Cyprus Securities and Exchange Commission (CySEC) issued an investor warning that a number of websites and Telegram channels offering trading or investment-related services are not connected to any entity authorised in Cyprus to provide investment services or perform investment activities under Article 5 of Law 87(I)/2017. The warning covered tradeupyourlife.co/es/nvi/v1/lakmw/ and tradingupyourlife.com/es/v8/jdkas/#formbox, tbmarket.co, globalfx-ltd.com and account.globalfx-ltd.com/client/login, princemarkets.com, selcukluyatirimfx.com, partnershiptrader.com, unitymarketmovers.com, trustvestszone.com, bytflex.com/web/index.php, guleryatirimholdings.com, unifyfxbusiness.com/m/index.html, exprotrades.com, centagepremium.com/index.html, topfx.pl, strifor.org, kryptohaus.com, prostoxfx.com, justtwo.trade and trade.justtwo.trade/en/login, londinesbank.com, kyelinrox.com, olymptrade.com, bonnmarkets.com and lirunexltd.com, primoxstock.com, parkfinancialconsulting.org, t.me/s/FXopen_Forex_Signals and t.me/s/FxOpen_ForexSignals, and sfcaptrade.cc and sfcap.world. Investors were urged to check CySEC’s website (www.cysec.gov.cy) to confirm whether an investment firm is licensed before doing business.
Cyprus Securities and Exchange Commission warns investors about multiple unauthorised investment services websites
The Cyprus Securities and Exchange Commission (CySEC) issued a warning about several websites and Telegram channels offering trading or investment services without authorization under Article 5 of Law 87(I)/2017. Investors are advised to verify the licensing status of firms on CySEC’s website before engaging in business.