CySEC Warns Investors Against 11 Unauthorized Firms

Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors about 11 unauthorized firms operating without proper regulation. Below is a list of unauthorized firms that investors should avoid.

• paragonsigs.com

• monaxa.com

• efinancepro.com

• enxutto.net

• admiraleu-brokerz.com

• investfrx.com & vistatradex.com

• admiralsunited.com & client.admiralsunited.com

• fehelmante.pro

• hollytradebase.com

• xtbtradingco.com

• hoxtoncapitals.com

These firms are not licensed to offer financial services in Cyprus, and investing with them can pose significant risks. CySEC urges investors to double-check the legitimacy of any financial services provider before making decisions. Stay safe and always verify with trusted authorities.

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. It also supervises the firms offering administrative services that do not fall under the supervision of ICPAC and the Cyprus Bar Association, as well as Crypto-Asset Services Providers.

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