Investors and traders should be advised that the Cypriot Securities and Exchange Commission (CySEC) has issued new warnings against a number of unauthorized firms. The companies purport that they are licensed to provide services through the regulator via a Cyprus Investment Firm (CIF) authorization, but in reality do not have such authorization.
Traders should be cautious of the following firms:
If you are not sure about the licensing and regulatory status of your broker, Check Your Broker using our easy to use directory or search a list of global financial regulators to make inquiries.
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