The Cyprus Securities and Exchange Commission (CySEC) issued an investor warning that five websites are not operated by an entity authorised to provide investment services and/or perform investment activities under Article 5 of Law 87(I)/2017. The warning lists extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com and upfrontfoundation.net. CySEC urged investors to verify on its website whether an entity is licensed before conducting business with investment firms.
Cyprus Securities and Exchange Commission 2026-01-27
Cyprus Securities and Exchange Commission warns investors about five unauthorised investment services websites
The Cyprus Securities and Exchange Commission (CySEC) issued a warning regarding five websites not authorized to provide investment services under Article 5 of Law 87(I)/2017. The sites include extlimited.com, networkfinancialservices.com, gmx-trading.com, eighttoro.com, and upfrontfoundation.net. CySEC advises investors to verify the licensing status of entities on its website before engaging in business.