Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
CySEC Targets Unlicensed Forex and Crypto Brokers
Abstract：CySEC blacklists unlicensed brokers like admiralmarket.net in the forex and crypto markets. Strict new rules impose hefty fines. Verify brokers to stay safe.
The Cyprus Securities and Exchange Commission (CySEC) is getting tough on shady brokers, putting out a strong warning about several unlicensed companies in the forex and cryptocurrency markets. These firms, running without CySECs okay, are now on a blacklist for offering trading services that could harm investors.
Heres the list of banned websites:
- athloscapitalinvest.com
- fxfuturetrade.net
- dts-trade.com
- fax.trade
- circlemarketfx.com
- admiralmarket.net
- kulanient.com
- eliteglobalfx.com
- elitefxgo.com
- mavqeris.com
- fasatgh.com
- gosuncm.com
- lyreasf.com
- yondaris.pro
One sneaky site, admiralmarket.net, copies the look and branding of the real, CySEC-approved Admiral Markets to trick people into thinking its legit. CySEC is calling out these shady moves, pointing out that some unlicensed firms pretend to be linked to Cyprus Investment Firm (CIF)-licensed brokers to seem trustworthy.
CySEC‘s new rules are stricter, especially for companies dealing with crypto. Every firm handling cryptocurrencies has to register with CySEC, or they’ll face big trouble—fines up to $370,000 (€350,000), jail time for up to five years, or both. This shows CySEC is serious about keeping investors safe from scams in risky markets.
CySEC‘s recent study on how everyday investors act found some worrying patterns. Lots of people don’t dig deep into the products or companies they‘re investing with. Only 30% checked if their broker was licensed on a regulator’s website. A full 15% didn‘t check anything at all. More than half trusted company reviews or the firm’s own website, which might not tell the whole story. Even worse, 7% spent less than 30 minutes—or no time—researching before putting money in.
The growing trend of “gamification” in trading is also a red flag. Flashy apps make investing look like a fun game, but they often hide the real risks, luring people with promises of easy cash. CySEC is fighting back with a campaign to teach Cypriots about the dangers of unregulated trading apps and why checking a brokers license matters.
CySEC also warns about “finfluencers” and slick marketing that can mislead investors. They‘re pushing people to do their homework and check a broker’s status on CySECs website to dodge scams. The blacklist is a handy tool to spot fake websites and make smarter choices.
As Cyprus beefs up its rules, CySEC‘s efforts show they’re all in on protecting everyday investors from the dangers of sketchy markets. The advice is clear: stay sharp, do your research, and stick with licensed brokers to keep your money safe.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Scandinavian Capital Markets Exposed: Traders Cry Foul Play Over Trade Manipulation & Fund Scams
Does Scandinavian Capital Markets stipulate heavy margin requirements to keep you out of positions? Have you been deceived by their price manipulation tactic? Have you lost all your investments as the broker did not have risk management in place? Were you persuaded to bet on too risky and scam-ridden instruments by the broker officials? These are some burning issues traders face here. In this Scandinavian Capital Markets review guide, we have discussed these issues. Read on to explore them.
Original 14h
Deriv Withdrawal Issues: Real Client Cases Exposed
Deriv exposed via client cases of withdrawal issues, 13‑month refund delays, severe slippage, and disabled accounts despite multiple “regulated” licenses.
Original 15h
Uniglobe Markets Deposits and Withdrawals Explained: A Data-Driven Analysis for Traders
For any experienced trader, the integrity of a broker isn't just measured in pips and spreads; it's fundamentally defined by the reliability and transparency of its financial operations. The ability to deposit and, more importantly, withdraw capital seamlessly is the bedrock of trust between a trader and their brokerage. When this process is fraught with delays, ambiguity, or outright failure, it undermines the entire trading relationship. This in-depth analysis focuses on Uniglobe Markets, a broker that has been operational for 5-10 years and presents itself as a world-class trading partner. We will move beyond the marketing claims to scrutinize the realities of its funding mechanisms. By examining available data on Uniglobe Markets deposits and withdrawals, we aim to provide a clear, evidence-based picture for traders evaluating this broker for long-term engagement. Our investigation will be anchored primarily in verified records and user exposure reports to explain the Uniglobe Mar
Original 16h
In-Depth Review of Uniglobe Markets Trading Conditions and Account Types – An Analysis for Traders
For experienced traders, selecting a broker is a meticulous process that extends far beyond headline spreads and bonus offers. It involves a deep dive into the fundamental structure of a broker's offering: its regulatory standing, the integrity of its trading conditions, and the flexibility of its account types. Uniglobe Markets, a broker with an operational history spanning over five years, presents a complex case study. It offers seemingly attractive conditions, including high leverage and a diverse account structure, yet operates within a regulatory framework that demands intense scrutiny. This in-depth analysis will dissect the Uniglobe Markets trading conditions and account types, using data primarily sourced from the global broker inquiry platform, WikiFX. We will explore the Uniglobe Markets minimum deposit, leverage, and account types to provide a clear, data-driven perspective for traders evaluating this broker as a potential long-term partner.
Original 16h
WikiFX Broker
Latest News
CFTC Polymarket Approval Signals U.S. Relaunch 2025
WikiFXMH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders
WikiFXAlpha FX Allegations: Traders Claim Account Blocks, Withdrawal Denials and Security Breaches
WikiFXHow to Become a Profitable Forex Trader in Pakistan in 2025
WikiFXGratitude Beyond Borders: WikiFX Thank You This Thanksgiving
WikiFXKEY TO MARKETS Review: Are Traders Facing Withdrawal Delays, Deposit Issues & Trade Manipulation?
WikiFXFCA Consumer Warning – FCA Warning List 2025
WikiFXZipphy Exposed: No Valid Regulation, Risk Warning
WikiFXAustralia’s Fraud-Intel Network Exposes $60M in Scams
WikiFXVoices of the Golden Insight Award Jury | Kazuaki Takabatake, CCO of Titan FX
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate