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CySEC Issues Warning Against Four Unauthorized Brokers

Nov 12, 2023 BrokersView

CySEC warns against four unregulated entities 

On 10 November 2023, the Cyprus Securities and Exchange Commission (CySEC) issued a new warning against the following four entities that offer financial services without authorization.

 

  • stonexly.com

 

  • retailfx.net 

 

  • ftmartzone.com 

 

  • ctcapitaltraders.com 

 

The CySEC cautions investors that the above four websites do not belong to any entities that have been granted authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017. 

 

CySEC urges investors to consult its official website (www.cysec.gov.cy) to determine whether the entity is licensed to provide investment services and/or investment activities before conducting business with an investment company.

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