Warning
CySEC Warns of Fake Recovery Sites Targeting Fraud Victims
- Cyprus's financial regulator has warned about six fake recovery services targeting individuals who've already lost money to investment scam.
- These malicious sites falsely claim affiliation with CySEC while collecting personal information for further scams.
Tuesday, 29/07/2025 | 06:32 GMT by
Damian Chmiel
How Fraudsters Use AI to Lure Investors—BaFin Exposes the Scam
- Watchdog flags 20 nearly identical websites offering unauthorized financial and crypto services, urges consumers to exercise caution.
- Since early last year, AI-driven schemes have become a widespread issue in the retail trading world.
Tuesday, 03/06/2025 | 07:10 GMT by
Damian Chmiel
If You Get This Text from ASIC, Delete It Immediately!
- Australian financial regulator has warned about scammers sending fraudulent text messages that appear to come from the agency.
- The market watchdog emphasizes it never communicates via text messages and urges Australians to avoid clicking on suspicious links.
Thursday, 03/04/2025 | 07:28 GMT by
Damian Chmiel
FMA Identifies Almost 100 Fraudulent Trading Platforms, Including Saxo, IG and ATFX Clones
- According to the regulator, they were designed to scam investors through fake profit displays.
- Moreover, the cloned websites target unsuspecting investors with additional fee demands.
Monday, 17/02/2025 | 07:27 GMT by
Damian Chmiel
This CFD Broker Recently Launched Prop Trading Brand, Now Lands on CySEC Warning List
- 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.
Wednesday, 08/01/2025 | 08:00 GMT by
Damian Chmiel
Warning: Clone Broker Targets Investors with Fake CySEC and FSCA Licenses
- The New Zealand FMA has warned about Mic-Market, which falsely claims to be registered in multiple jurisdictions.
- As Finance Magnates learned, the company cloned the licensed Cypriot broker Colmex's website and credentials.
Tuesday, 03/12/2024 | 07:18 GMT by
Damian Chmiel
Malaysian Regulator Flags InstaForex and InstaTrade in Latest Warning List
- The Securities Commission Malaysia has added InstaFintech Group's brands to its investor alert list of unauthorized entities.
- In the past, SCM warned against other popular retail trading names in the FX and CFD industry.
Monday, 11/11/2024 | 08:59 GMT by
Damian Chmiel
These 9 Trading Platforms Could Put Your Money at Risk
- Spain's market regulator has identified unauthorized investment firms operating without proper registration.
- The warning is part of CNMV's ongoing efforts to protect investors from unregulated financial service providers.
Monday, 28/10/2024 | 09:48 GMT by
Damian Chmiel
25 Illegal Crypto Websites Exposed by French Regulator—Investors Beware
- The AMF has warned the public about unauthorized crypto-asset websites operating illegally in France.
- Investors are advised to consult the watchdog's whitelist of authorized providers to avoid unlicensed digital asset services.
Wednesday, 09/10/2024 | 12:12 GMT by
Damian Chmiel
CySEC Flags Surge in Fraud as Scammers Exploit Regulator's Identity
- The Cypriot regulator warns of fraudulent websites impersonating the institution.
- It also alerts investors to fake celebrity endorsements of investments on social media, urging caution.
Thursday, 22/08/2024 | 07:45 GMT by
Damian Chmiel
50 Forex and Crypto Firms on This Regulator's 2024 Warning List: Is Your Broker There?
- French market watchdogs blacklisted 24 FX and 26 crypto trading platforms in H1 2024.
- New scams are appearing so quickly that the regulator can't keep up with the warnings.
Wednesday, 10/07/2024 | 08:40 GMT by
Damian Chmiel
Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”
- Italian Consob, along with FSMA and CNMV, is warning against proprietary trading.
- According to the institution, its growing popularity carries significant risks for investors and their capital.
Monday, 08/07/2024 | 08:11 GMT by
Damian Chmiel
Strategy Straight from the Casino Promised 40% Monthly Profits: Regulator Warns
- Hong Kong’s financial regulator added PropCap to its alert list and issued a warning.
- The company offered high monthly returns on investments thanks to Martingale's strategy.
Monday, 08/04/2024 | 09:43 GMT by
Damian Chmiel
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