CySEC blacklists updated! Four illegal investment websites receive warnings.

On November 10,Foreign exchange dealer brokers 2023, the Cyprus Securities and Exchange Commission (CySEC) issued a warning against four entities providing financial services without authorization.

These four unauthorized websites are specifically:

1. stonexly.com
2. retailfx.net
3. ftmartzone.com
4. ctcapitaltraders.com

CySEC alerts investors that, according to Article 5 of Law 87 (I) / 2017, the aforementioned websites are not affiliated with any entity licensed to provide investment services and/or conduct investment activities. The regulatory body urges investors to verify whether an entity is licensed to offer investment services and/or conduct investment activities before doing business with any investment firm.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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