CySEC Flags Dozens of Unauthorized Investment Websites

The Cyprus Securities and Exchange Commission (CySEC) has released its latest investor warning, listing multiple online platforms and social media groups that are providing investment services without regulatory approval.

Websites Named by CySEC

According to the notice, the following domains do not belong to licensed entities authorized to offer financial or investment services in Cyprus:

• tradeupyourlife.co, tbmarket.co
• globalfx-ltd.com, account.globalfx-ltd.com
• princemarkets.com, selcuklyatirimfx.com, partnershiptrader.com
• unitymarketmovers.com, trustvestszone.com, bytflex.com, guleryatirimholdings.com, unifyfxbusiness.com, expotrades.com, centagepremium.com, topfx.pl
• strifor.org, kryptohaus.com, prostoxfx.com
• justtwo.trade, londinesbank.com, kyelinrox.com
• olymptrade.com
• bonnmarkets.com, lirunextltd.com, primoxstock.com, parkfinancialconsulting.org
• sfcapatrade.cc, sfcap.world

In addition, CySEC specifically highlighted two Telegram groups: FxOpen_Forex_Signals and FxOpen_ForexSignals, both of which were found promoting unverified trading signals.

Context of the Warning

This announcement follows a series of earlier alerts issued by CySEC this year, reflecting the growing prevalence of fraudulent websites that mimic regulated firms. Such platforms often target retail traders with promises of high returns, but in reality, they operate outside the legal framework and pose significant risks to investors.

Stay Protected with Independent Verification

For retail traders, the key takeaway is clear: always verify a brokers regulatory status before depositing funds. CySEC advises checking its official registry, while tools like WikiFX provide an additional layer of protection by compiling regulatory data, user complaints, and broker profiles in one place.

By cross-checking platforms through official channels and reliable third-party services, investors can avoid falling victim to unauthorized entities and better safeguard their capital.