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Abstract:The Cyprus Securities and Exchange Commission (CYSec) recently issued a warning against numerous brokers operating in the financial markets. Here is a list of many fraud brokers.
The Cyprus Securities and Exchange Commission (CYSec) recently issued a warning against numerous brokers operating in the financial markets. Here is a list of many fraud brokers.
1. fundednowprop.com
2. fiat-global.com & platform.fiatfxtrade.com
3. buxmapps.com
4. actaswiss.com
5. trader-trust.eu
6. fpmhelenic.com & client.clients-area.com/register
7. wallstreet-fx.io
8. fidelitycfd.com & wt.fidelitycfd.com
9. vstarsoho.net
10. alfacapitalmarket.com
11. forexelite.co & forexelite.trade/private
CYSec emphasized the importance of conducting thorough due diligence before engaging with any broker to protect investors from financial harm.
The authority urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities, which are licensed to provide investment services and/or investment activities.
About CySEC
The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus, and the collective investment and asset management sector. The mission of the CySEC is to exercise effective supervision to ensure investor protection and the healthy development of the securities market.
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