The Cyprus Securities and Exchange Commission (CySEC) today issued a warning to the public against dealing with five unauthorised investment entities.

The unauthorised firm operate via the following websites:

• iffbanc.com
• alpha24pro.com
• futuretradesx.com
• mtbcapitals.com
• icmarkets777.com.

The regulator notes that the above-mentioned 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, as provided for in Article 5 of Law 87 (I)/2017.

CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities, which are licensed to provide investment services and/or investment activities.

Earlier this week, the Cypriot regulator issued a warning against four unauthorized investment firms.