CySEC Warns Public on 17 Unauthorized Investment Platforms

The Cyprus Securities and Exchange Commission (CySEC) has alerted the public to 17 websites allegedly offering investment services without the required regulatory authorization. The watchdog said these entities are not licensed under Article 5 of Law 87 (I)/2017, which governs the provision of investment services and investment activities in Cyprus.

The flagged websites are:

solartecna.com

lucrativeedges.com

optramarket.com, harvestsphereonline.com

pehjosf.com

weekend-fx.com

irafloxi.com

evpmarketgroup.com

aintelligence24.com

wrc1.com, wrpro.com

primeinvests.eu

fxmaple.com

fxmarketstrade.com

derivinvestments.com

24yield.com

xmarketcoin.com

CySEC advised investors to verify a firm's licensing status via its official website before engaging in any transactions, warning that doing business with unlicensed operators can result in financial loss and lack of legal protection.