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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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The Cyprus Securities and Exchange Commission (CySEC) has issued a warning against over 10 investment firms operating without proper authorization. These firms are not licensed to provide financial services and may pose serious risks to investors. CySEC advises the public to avoid dealing with unregulated entities
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