The Cyprus Securities and Exchange Commission (CySEC) issued an investor warning that five websites are not connected to any entity authorised to provide investment services or perform investment activities under Article 5 of Law 87(I)/2017. The websites named were generalfx.io, fintelligence24.com, rcmbrokerslimited.com, xbmkforex.com and oakwell.finance. CySEC urged investors to verify firms’ licensing status via CySEC’s website before conducting business with investment firms.
Cyprus Securities and Exchange Commission 2025-03-26
Cyprus Securities and Exchange Commission warns five websites are not authorised to provide investment services
The Cyprus Securities and Exchange Commission (CySEC) issued a warning regarding five websites not linked to any authorised investment service providers under Article 5 of Law 87(I)/2017. The websites include generalfx.io, fintelligence24.com, rcmbrokerslimited.com, xbmkforex.com, and oakwell.finance. CySEC advises investors to check firms' licensing status on its website before engaging in business.