The Cyprus Securities and Exchange Commission issues fresh warnings about unlicensed online platforms, intensifying efforts to combat investment fraud and enhance oversight with new investigations.
The Cyprus Securities and Exchange Commission has alerted the public to a cluster of online platforms it says are offering investment services without the necessary authorisation under Article 5 of Law 87(I)/2017.
According to the regulator, the websites extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com and upfrontfoundation.net are not linked to any entity licensed to provide investment services or carry out investment activities in Cyprus. The commission emphasised that engaging with unlicensed operators exposes investors to heightened financial risk and removes access to the protections that come with regulated firms. It urged the public to check the list of authorised entities published on the official CySEC website before entering into any investment arrangement.
Separately, CySEC has launched a public tender for two external experts to undertake investigations into potential breaches of applicable law by Cyprus Investment Firms. Full tender documentation is available on the regulator’s tenders page and the deadline for submissions is 27 February 2026, the commission said.
The latest warning follows a pattern of similar advisories over the past year. Cyprus Mail coverage documents multiple rounds of alerts in 2025 , including lists of unauthorised platforms identified in April, July and September , and a July notice that flagged fake “loss recovery” sites falsely claiming association with the regulator. Those earlier notices underlined common tactics used by fraudsters, such as unsolicited contact and requests for personal or financial information, and reiterated that CySEC does not initiate unsolicited approaches requesting sensitive data.
Industry data and past enforcement activity suggest that recurring lists of unauthorised websites reflect an enduring challenge for small jurisdictions that host numerous regulated firms: bad actors often set up frontier websites quickly and move operations when flagged. According to Cyprus Mail reporting, CySEC’s repeated public advisories are designed both to warn potential victims and to build a public record that supports subsequent enforcement or co‑operation with foreign authorities.
For investors, the regulator’s message is straightforward: verify a firm’s regulatory status via CySEC’s official channels, be wary of unsolicited offers promising high returns or recovery services, and understand that dealings with unauthorised operators will leave them outside the safeguards of supervised markets. The commission’s concurrent tender indicates an ongoing effort to strengthen oversight and to bring independent expertise to investigations of suspected misconduct by Cyprus Investment Firms.
- https://cyprus-mail.com/2026/01/27/cypriot-regulator-warns-investors-over-unauthorised-investment-websites – Please view link – unable to able to access data
- https://cyprus-mail.com/2026/01/27/cypriot-regulator-warns-investors-over-unauthorised-investment-websites – The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors about several websites operating without authorisation to provide investment services. The identified websites—extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com, and upfrontfoundation.net—are not linked to any entity authorised under Article 5 of Law 87(I)/2017. CySEC advises investors to verify the regulatory status of firms before engaging in investment activities and to consult the official CySEC website to confirm which entities are licensed to provide such services. Dealing with unauthorised firms exposes investors to significant financial risk and limits their access to regulatory protections. Additionally, CySEC has announced a public tender for two experts to conduct investigations into potential violations by Cyprus Investment Firms, with a submission deadline of February 27, 2026.
- https://cyprus-mail.com/2025/04/17/cysec-warns-against-unauthorised-investment-websites – The Cyprus Securities and Exchange Commission (CySEC) has issued a strong warning to investors regarding several unauthorised websites not licensed to offer investment services or activities in Cyprus. The identified websites—enfodns.com, ca-xe.pro, kamislaran.com, heromarkets-it.com, itradingfx.net, prestigepeakcapital.com, gomarketfx.com, and coreinvests.eu—are not associated with any entity authorised under Article 5 of Law 87(I)/2017. CySEC urges investors to exercise caution and consult the official CySEC website before engaging in transactions with investment firms, emphasising the importance of verifying a company’s licence to ensure investor protection and the integrity of the financial market.
- https://cyprus-mail.com/2025/07/29/cysec-warns-public-of-fake-loss-recovery-websites-targeting-investors – The Cyprus Securities and Exchange Commission (CySEC) has issued a warning about fraudulent websites falsely claiming to be associated with the regulator and offering to recover investment losses for investors. Identified fraudulent websites include getyourmoneyback.ltd, getyoursback.org, theystole.net, chargebackinternational.com, chargebackme.com, and chargebackmoney.biz. These sites primarily target individuals who have already been victims of online fraud, attempting to collect personal and financial information while falsely representing a link to CySEC. CySEC clarifies that it never contacts individuals by telephone or sends unsolicited correspondence and does not request personal data or financial information. Investors are advised to confirm the authenticity of any communication purporting to be from CySEC by emailing [email protected] before taking action and to notify the commission of any suspicious activity.
- https://cyprus-mail.com/2025/07/23/cyprus-regulator-warns-public-about-unauthorised-investment-websites – The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding two online platforms not authorised to provide investment services or perform investment activities under Cypriot law. The identified websites—greymax.net and finotivefunding.com—are not associated with any entity authorised under Article 5 of Law 87(I)/2017. CySEC advises investors to consult its official website before conducting business with investment firms to ascertain which entities are licensed to provide investment services or activities, emphasising the importance of verifying a company’s authorisation to ensure investor protection and the integrity of the financial market.
- https://cyprus-mail.com/2025/09/23/cysec-warns-investors-over-unauthorised-investment-websites – The Cyprus Securities and Exchange Commission (CySEC) has warned investors about several websites not authorised to provide investment services or perform investment activities in Cyprus. The identified websites—deltatradingcorp.com, vyntor.net, phronimoss.com, alchemy-investments.ltd, axiance.com, superfitmax.com, fusion4marketsltd.com, anforanav.com, bm-holdings.co, lyfelete.com, and novustrade.net—are not linked to any entity authorised under Article 5 of Law 87(I)/2017. CySEC advises investors to exercise caution and verify whether a company is authorised before engaging in any transactions, urging them to consult its official website to confirm which entities are licensed to provide investment services or activities.
- https://cyprus-mail.com/2025/08/18/cyprus-regulator-warns-public-against-unlicensed-platforms – The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors concerning several websites not authorised to provide investment services or perform investment activities. The identified websites—solartecna.com, lucrativeedges.com, optramarket.com, harvestsphereonline.com, pehjosf.com, weekend-fx.com, irafloxi.com, evpmarketgroup.com, aintelligence24.com, wrc1.com, wrpro.com, primeinvests.eu, fxmaple.com, fxmarketstrade.com, derivinvestments.com, 24yield.com, and xmarketcoin.com—are not linked to any entity authorised under the relevant legislation. CySEC urges investors to take precautions before engaging in any transactions with online platforms and to consult its website before conducting business with investment firms to ascertain which entities are licensed to provide investment services or activities.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
7
Notes:
The article was published on 27 January 2026. A similar warning was issued by CySEC on 18 December 2025, identifying five unauthorised investment websites. ([financefeeds.com](https://financefeeds.com/cysec-flags-four-suspicious-trading-websites/?utm_source=openai)) The earlier warning included the same websites: extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com, and upfrontfoundation.net. This overlap suggests the current article may be recycling content from the previous warning. The lack of new information or additional websites in the current article raises concerns about its originality. The absence of updated data or new developments further diminishes the freshness score.
Quotes check
Score:
5
Notes:
The article does not include any direct quotes. The absence of verifiable quotes makes it difficult to assess the credibility and originality of the content. Without direct statements from CySEC or other authoritative sources, the article’s reliability is compromised.
Source reliability
Score:
6
Notes:
The article is sourced from the Cyprus Mail, a local news outlet. While it is a known publication, its reach and influence are limited compared to major international news organisations. The article does not provide links to the original CySEC announcement, making it challenging to verify the information independently. The lack of direct access to the primary source raises concerns about the article’s reliability.
Plausability check
Score:
7
Notes:
The warning about unauthorised investment websites aligns with CySEC’s previous advisories. However, the repetition of the same websites without new information or developments suggests a lack of fresh content. The absence of additional details or updates raises questions about the article’s value and relevance.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article lacks originality, as it repeats information from a previous CySEC warning issued on 18 December 2025 without providing new details or developments. The absence of direct quotes and independent verification sources further diminishes its credibility. The reliance on a single source without direct access to the original CySEC announcement raises concerns about the article’s reliability.