The Cyprus Securities and Exchange Commission (CySEC) has warned investors about several websites and online platforms it said are operating without the required authorization to provide financial services.
The regulator’s blacklist includes amazon-forex.com, which claims to offer foreign exchange trading without valid regulatory oversight. CySEC also named novatradecore.com and vall-fin.com as unauthorized online operations.
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Other websites listed in the warning include daoroyal.com, seamanfx.com and newfuturevip.com. The notice also names trademarketcup.com and the mobile application portal fxtrade.app.
CySEC further identified capitaldealhub.com/AI_app_es and digiteamagency.com/second-income/ as operating without the required authorization.
CySEC Urges Investors To Check Licensing
CySEC urged investors to exercise caution before engaging with financial firms online and to verify a company’s credentials before making deposits or transactions.
Investors can check whether a firm is authorized to provide investment or crypto-asset services in Cyprus through the regulator’s official website, cysec.gov.cy.
The regulator’s warning comes as online brokers, trading platforms and crypto-related services continue to target retail investors. Checking a firm’s regulatory status before transferring money can help investors avoid unauthorized operators.
