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CySEC Warns Against 14 Unlicensed Investment Websites
Abstract：CySEC urges caution as 14 websites lack proper authorization.
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding 14 investment websites that are operating without regulatory authorization.
According to the announcement dated 28 March 2025, the listed entities do not hold a license to provide investment services or conduct investment activities as required under Article 5 of Law 87 (I)/2017.
Websites listed by CySEC include:
• weonmarket.com & platform.dashboardweonmarket.live
• nortenway.com & cfd.nortenway.com/register
• primuscfd.net & client.primuscfd.net
• axiagroup.co
• octamarketfx.com
• apmetrade.com
• investous.pro
• varkuti.eu & quomarkets.com
• efgbtrdpltfrm.com
• profitwave.cc
• marketsadvgroup.com
• platform-oro.com
• chiron-group.limited
These websites are not associated with any entities authorized by CySEC, and therefore any business conducted through them may expose investors to significant risks, including fraud, lack of legal protection, and loss of funds.
CySEC urges all investors to verify the regulatory status of any platform before engaging in investment activities. A full list of authorized investment firms is available on the official CySEC website: www.cysec.gov.cy.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Hankotrade Exposed: Does it Harm Traders with Manipulated MT4 Chart and High Spreads & Slippage?
Have you witnessed a manipulated MT4 chart on Hankotrade login, showing inaccurate trading figures? Have you been victimized by high swap fees, inflated spreads, and massive slippage? Is the payment processing time too long at Hankotrade? Do you face downtime issues, especially when the New York trading session is on? These are some top complaints against the Belize-based forex broker. In this article, we have shared these complaints. Take a look!
Original 15h
Binolla Reviews & Complaints: Analysis of Risks & Red Flags
The first question you should ask before choosing any forex broker for trading or investment purposes is simple: Is it legitimate and safe to trade with? This article examines the broker Binolla, looking into its regulatory status, Binolla Trading App, and real user complaints.
Original 16h
Switch Markets Review: Do Traders Face Deposit Discrepancies and Account-related Issues?
Do you fail to deposit your funds into the Switch Markets forex trading account? Earned profits, withdrew them too, but did Switch Markets block your deposits? Wanted to close your trading account due to payment-related issues, but in turn got your emails blocked by the Australia-based forex broker? Faced a negative trading account balance because of illegitimate trade order execution? Many traders have shared these stories about Switch Markets on broker review platforms. In this Switch Markets review article, we have mentioned the same. Read on!
Original 17h
Fxcess Review: Profit Deletion, Withdrawal Denials & Illegitimate Account Blocks Irate Traders
Is withdrawing funds from Fxcess a herculean task for forex traders like you? Does it delete profits using manipulative practices? Does your Fxcess forex trading account balance turn to ZERO upon withdrawal request? Or Has your account been blocked when you sought withdrawals from it? These complaints have become extreme under Fxcess Review online. In this article, we have shared a few complaints. Take a look!
Original 19h
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