Global Broker Regulation Inquiry App

WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

WikiFX Express

How Crypto Trading Transforms FX and CFD Brokerage Industry

CySEC Warns Against 14 Unlicensed Investment Websites

WikiFX

| 2025-03-31

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.

Scam Alert

How Crypto Trading Transforms FX and CFD Brokerage Industry

Lured by a deepfake video, retiree lost over $4,000 in an investment scheme

Investment scams recorded the highest amount of losses, at about $145.4 million, in the first half of 2025.

Original37m

Pemaxx Review: Fund Scams & No Withdrawals, Say Traders

Does Pemaxx prevent you from withdrawing funds once you make profits? Has the Mauritius-based forex broker disabled your trading account upon your withdrawal request? Do you fail to withdraw funds despite meeting the trading lot requirements? These scam-like trading activities have allegedly become a part of the broker’s operation, as many traders have complained about them online. In this Pemaxx review article, we have highlighted their comments against the forex broker. Keep reading!

OriginalTwo days ago

Fortune Prime Global Exposure: Withdrawal Denials & Profit Cancellations Frustrate Traders

Did Fortune Prime Global deduct all your profits by accusing you of market manipulation? Are you struggling to access withdrawals for months? Has the forex broker disabled your forex trading account upon the withdrawal application? Does the broker stipulate tax payments as a condition for fund withdrawals? You are not alone! In this Fortune Prime Global review article, we have highlighted these complaints. Read on!

OriginalTwo days ago