CySEC issues warning against unauthorised brokers on 10 Nov, 2023

On 10 Nov, 2023 The Cyprus Securities and Exchange Commission (CySEC) issued warning against four unauthorised brokers. Here is the list of abusives websites. Have a look and beware.

· stonexly.com

· retailfx.net

· ftmartzone.com

· ctcapitaltraders.com

CYSEC stated As per the provisions of Law 87 (1)/2017, the Cyprus Securities and Exchange Commission, also known as “CySEC,” wishes to notify investors that the websites listed below are not affiliated with any organisation that has been authorised to provide investment services or carry out investment activities.

CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the enttities, 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 vision of the CySEC is to establish the Cyprus securities market as one of the safest, most reliable and attractive destinations for investment.

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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