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CySEC warns public against dealing with five unauthorized investment firms

Maria Nikolova 0 Comments January 27, 2026

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

The websites targeted by the warning are:

extlimited.com
networkfinancialservices.com
gmx-trading.com
eighttoro.com
upfrontfoundation.net

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 advises 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.

Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.