Abstract:On Monday(23 May 2022), the Cyprus Securities and Exchange Commission (CySEC) has issued a warning regarding 7 unregulated investment entities.
Here is the list:
· golden-gate.co.uk
· goldenshare.io
· levelprofit.com
· sharesforextrade.com
· inscribedoffers.com
· greenwavex.com
· finatics.io
According to the CySEC's rules, these above sites do not belong to firms licensed by the watchdog as they haven't been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.
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.
In this article, we delve into a thorough examination of Numera International, scrutinizing its key attributes, fee structures, safety protocols, deposit and withdrawal methods, trading platforms, and so on.
In the dynamic realm of foreign exchange trading, the lack of transparency and accountability within forex prop firms in the UK and Europe poses a significant risk to unsuspecting traders. Behind the allure of potential profits lies a murky landscape where opacity reigns, making it challenging for traders to discern legitimate firms from fraudulent operators.
In the complex world of foreign exchange trading, the allure of substantial profits often leads traders to seek out opportunities with forex prop firms. These entities, which provide capital and leverage to traders in exchange for a share of profits, can offer an enticing pathway to financial success. However, beneath the surface lies a shadowy realm where regulatory loopholes and lax oversight create fertile ground for scams and fraudulent activities.
James Glyde introduces PipFarm, based in Singapore, using cTrader to navigate the retail prop trading industry changes driven by MetaQuotes' strategy adjustment