CySEC warns against Efexa1000

CySEC warns against Efexa1000

Cyprus

  • 10/19/2018
  • Warning
  • Cyprus Securities and Exchange Commission
Unregulated

Detail

The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform investors about the following regarding "Efexa1000 Ltd" (the "Company"):

1. The Company, through the website efexa1000.com, claims to be part of the Instant Trading EU Ltd (the "CIF") group, which is licensed (License No. 266/15) and regulated by CySEC, while it has no relationship with the CIF.

2. The Company does not hold a license from CySEC for the provision of investment services and/or 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.

Source Link

https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=687080be-4c85-4c09-a636-23e27c4ff9a7