CySEC Flags 12 Unlicensed Funding Web sites

by Jeremy

The Cyprus Securities and Change Fee (CySEC) has
warned traders concerning a number of unlicensed web sites selling
funding companies.

In keeping with the CySEC announcement, the next 12
web sites don’t belong to approved entities licensed to offer funding
companies in Cyprus: cryplanet.com, brokeroneltd.com, nexotrades.com, illuxor.internet, marketsac.com, ufxone.com, finquotesfinancial.work, globaldibs.com, successfulmarktplatform.com, canolimited.com, royalfxbank.com and tradeoptfx.com.

CySEC urged
traders to confirm licenses on their official web site earlier than conducting enterprise with any
funding agency. Licensed entities are approved below Article 5 of Legislation
87(I)/2017 in Cyprus.

The regulator periodically warns customers of unregulated
web sites falsely claiming to supply funding companies. Traders coping with
unlicensed corporations don’t have any recourse below Cypriot laws and are susceptible to
fraud.

CySEC invitations traders to report any suspicious funding actions
not listed on their registry. Customers can seek the advice of the CySEC web site for an entire
checklist of approved funding corporations in Cyprus.

The article is growing and can be up to date shortly.

The Cyprus Securities and Change Fee (CySEC) has
warned traders concerning a number of unlicensed web sites selling
funding companies.

In keeping with the CySEC announcement, the next 12
web sites don’t belong to approved entities licensed to offer funding
companies in Cyprus: cryplanet.com, brokeroneltd.com, nexotrades.com, illuxor.internet, marketsac.com, ufxone.com, finquotesfinancial.work, globaldibs.com, successfulmarktplatform.com, canolimited.com, royalfxbank.com and tradeoptfx.com.

CySEC urged
traders to confirm licenses on their official web site earlier than conducting enterprise with any
funding agency. Licensed entities are approved below Article 5 of Legislation
87(I)/2017 in Cyprus.

The regulator periodically warns customers of unregulated
web sites falsely claiming to supply funding companies. Traders coping with
unlicensed corporations don’t have any recourse below Cypriot laws and are susceptible to
fraud.

CySEC invitations traders to report any suspicious funding actions
not listed on their registry. Customers can seek the advice of the CySEC web site for an entire
checklist of approved funding corporations in Cyprus.

The article is growing and can be up to date shortly.

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