CySEC issues warning against 12 unauthorised investment firms

The Cyprus Securities and Exchange Commission (CySEC) today expanded its list of unauthorised investment firms by adding 12 entities to it.

The regulator warns against the following websites:

  • fundednowprop.com
  • fiat-global.com & platform.fiatfxtrade.com
  • buxmapps.com
  • actaswiss.com
  • trader-trust.eu
  • fpmhelenic.com & client.clients-area.com/register
  • doofinancial.com
  • wallstreet-fx.io
  • fidelitycfd.com & wt.fidelitycfd.com
  • vstarsoho.net
  • alfacapitalmarket.com
  • forexelite.co & forexelite.trade/private

CySEC notes that the above-mentioned websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.

The Commission urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities, which are licensed to provide investment services and/or investment activities.