CySEC Warns Investors About Unauthorised Investment Websites

The Cyprus Securities and Exchange Commission (CySEC) is issuing a warning to investors regarding several websites that appear to offer investment services and products without the necessary regulatory authorisation. According to the information available, the operators behind these websites are not registered with CySEC and have no legal authority to provide investment services or carry out investment activities in Cyprus under Law 87(I)/2017.

Investors engaging with these platforms are exposed to significant risks, including potential financial loss, identity theft, and fraudulent misrepresentation. Unauthorised websites may use deceptive practices to gain the trust of consumers, such as copying the branding of legitimate investment firms, providing false contact information, or promoting services that are not legally permitted.

BrokersView urges investors to exercise extreme caution when approached with unsolicited offers or investment opportunities through websites, social media, or other online channels. Before providing funds or personal information, investors should confirm whether the firm is licensed to provide investment services by consulting public register, which lists entities authorised to operate under CySEC supervision.

Some common warning signs include requests for upfront payments, promises of unusually high returns, or the use of websites with minimal legal or company information. Investors should also be wary of platforms that claim registration with foreign authorities or regulators without verifiable documentation.

CySEC has identified the following websites as operating without the required authorisation:

Website	Screenshot
extlimited.com
networkfinancialservices.com
gmx-trading.com
eighttoro.com	/
upfrontfoundation.ne	/