CySEC warns against unregulated entities - 10/2/2021

CySEC warns against unregulated entities - 10/2/2021

The Cyprus Securities and Exchange Commission (‘CySEC’) informs investors that the following websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of
investment activities.

Details

• theultimateforex.com
• megatradestation.com
• digi-coins.net
• fxglobaltraders.com
• cloudfxoptions.online

How To Protect Yourself From Scams 

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.