CySEC Issues Warnings Against Six Unregulated Firms
The Cyprus Securities and Exchange Commission (CySEC) issued a warning about six unregulated financial firms, including those that offer forex trading services without a license.
The following websites do not belong to a firm that has been granted a license to offer investment services and/or conduct investment operations under Article 5 of Law 87 (I)/2017:
capitalmarketcorp.com
admiralecn.net
thegoldcapitals.com
alphacapitaltrade.com
magnasale.org
brocprime.net
Before doing business with investment companies, investors are urged to check CySEC's website (www.cysec.gov.cy) to see whether businesses are licensed to provide investment services and/or investment activities.
Recently, CySEC has suspended the authorisation of the Cyprus Investment Firm Maxiflex Ltd, number 258/14, pursuant to section 10(1) of Directive DI87-05 for The Withdrawal and Suspension of Authorisation (DI87-05).
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