unlicensed platforms — The Cyprus Securities and Exchange Commission (CySEC) has issued a warning this week to the public about unlicensed platforms providing investment services. This alert comes as part of their ongoing efforts to protect investors from potential scams targeting both Cypriot and European markets.
CySEC has identified a variety of websites that are operating without the necessary authorisation under relevant legislation. These platforms are not recognised entities, raising significant concerns about their legitimacy and the safety of investors’ funds.
Unlicensed platforms: List of Identified Unauthorised Websites
The following websites have been flagged by CySEC as unlicensed:
- tradeupyourlife.co/es/nvi/v1/lakmw/
- tradingupyourlife.com/es/v8/jdkas/#formbox
- tbmarket.co
- globalfx-ltd.com
- 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
- trade.justtwo.trade/en/login
- londinesbank.com
- kyelinrox.com
- olymptrade.com
- bonnmarkets.com
- lirunexltd.com
- primoxstock.com
- parkfinancialconsulting.org
- t.me/s/FXopen_Forex_Signals
- t.me/s/FxOpen_ForexSignals
- sfcaptrade.cc
- sfcap.world
Advice for Investors
In light of this warning, CySEC urges investors to exercise caution and conduct thorough research before engaging with any online investment platforms. The regulator recommends visiting their official website to verify which entities are licensed to provide investment services and activities.
“CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities, which are licensed to provide investment services and/or investment activities,” the announcement stated. This proactive step can help individuals avoid falling victim to fraudulent operations.
CySEC maintains a regularly updated list of licensed investment firms, which serves as a vital resource for anyone considering putting their money into any investment opportunities. By consulting this list, investors can verify whether a particular platform is officially authorised to operate in Cyprus.
As the regulatory body continues its mission to safeguard investors, this warning highlights the importance of due diligence in the increasingly complex landscape of online investment.
