The Cyprus Securities and Trade Fee (CySEC) immediately issued a warning towards 12 unauthorized funding corporations.
These entities haven’t been granted an authorization for the supply of funding companies and/or the efficiency of funding actions, as supplied for in Article 5 of Regulation 87 (I)/2017.
The warning considerations the next web sites:
- cryplanet.com
- brokeroneltd.com
- nexotrades.com
- illuxor.web
- marketsac.com
- ufxone.com
- finquotesfinancial.work
- globaldibs.com
- successfulmarktplatform.com
- canolimited.com
- royalfxbank.com
- tradeoptfx.com
CySEC urges traders to seek the advice of its web site (www.cysec.gov.cy), earlier than conducting enterprise with funding corporations, to be able to examine whether or not the entities are licensed to offer funding companies and/or funding actions.
The Cypriot regulator has added quite a few entities to the warning listing just lately. In November, CySEC warned towards 4 unauthorized brokerages. In October, the regulator issued a warning towards 16 unauthorized funding corporations.