Financial and Business News

This CFD Broker Recently Launched Prop Trading Brand, Now Lands on CySEC Warning List

Wednesday, 08/01/2025 | 08:00 GMT by Damian Chmiel
  • CySEC warns against ten unauthorized investment platforms, including recently launched prop trading provider Markets Vox.
  • The Seychelles-licensed broker made the warning list due to lack of proper Cypriot authorization.
CySEC

The Cyprus Securities and Exchange Commission (CySEC) has flagged ten unauthorized investment websites operating without proper licensing, with Markets Vox, a recently launched prop trading provider, notably among them.

Cyprus Financial Regulator Issues Warning against Ten Unauthorized Investment Websites

The regulatory body identified several unauthorized platforms including surgirux.pro, nasanetac.com, a-eternitycapital.ltd, marketsvox.com, rohkatech.com, asteo-group.com, elegantopex.com, ewripro.com, haystdq.com, and eldenstrade.com. None of these entities possess the required authorization under Article 5 of Law 87 (I)/2017.

This marks another major update to CySEC 's warning list in the past two months, primarily targeting CFD sector entities. The inclusion of Markets Vox is particularly noteworthy given their recent entry into the prop trading space.

MarketsVox and MVFunded Operations

MarketsVox, a Seychelles-licensed broker, launched its prop trading firm MVFunded in October. The company operates in partnership with MV Technologies, a Cyprus-based entity handling payment processing.

Earlier last year, the company rebranded from ForexVox to better reflect its expanded investment product offerings.

The reason for its inclusion on the warning list is straightforward: MarketsVox, like the other nine entities warned against by CySEC this week, lacks the necessary regulatory authorization from the Cypriot watchdog.

The Cyprus Securities and Exchange Commission (CySEC) has flagged ten unauthorized investment websites operating without proper licensing, with Markets Vox, a recently launched prop trading provider, notably among them.

Cyprus Financial Regulator Issues Warning against Ten Unauthorized Investment Websites

The regulatory body identified several unauthorized platforms including surgirux.pro, nasanetac.com, a-eternitycapital.ltd, marketsvox.com, rohkatech.com, asteo-group.com, elegantopex.com, ewripro.com, haystdq.com, and eldenstrade.com. None of these entities possess the required authorization under Article 5 of Law 87 (I)/2017.

This marks another major update to CySEC 's warning list in the past two months, primarily targeting CFD sector entities. The inclusion of Markets Vox is particularly noteworthy given their recent entry into the prop trading space.

MarketsVox and MVFunded Operations

MarketsVox, a Seychelles-licensed broker, launched its prop trading firm MVFunded in October. The company operates in partnership with MV Technologies, a Cyprus-based entity handling payment processing.

Earlier last year, the company rebranded from ForexVox to better reflect its expanded investment product offerings.

The reason for its inclusion on the warning list is straightforward: MarketsVox, like the other nine entities warned against by CySEC this week, lacks the necessary regulatory authorization from the Cypriot watchdog.

Topics
prop firms
cysec
Warning
MarketsVox
About the Author: Damian Chmiel
Damian Chmiel
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Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics

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