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CySEC Warns Against 4 New Illegal Investment Websites

Source: Chloe

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The Cyprus Securities and Exchange Commission (CySEC) has today (November 10, 2023) updated its blacklist of unregulated entities, with the addition of four websites that belong to an entity which provides investment services and conducts investment activities without authorization.

These four illegal websites are as follows:

• stonexly.com

• retailfx.net

• ftmartzone.com

• ctcapitaltraders.com

The Cypriot financial watchdog warns investors to exercise utmost caution when dealing with investment firms to be risk-averse.

This follows CySEC issuing a warning ​against sixteen financial websites.

Besides, this week, Fazzaco reported that the regulator withdrew the Alternative Investment Fund Manager authorization of Drayton Park Advisors Ltd.

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