CySEC Flags Eleven Websites as Unauthorised Investment Firms

The Cyprus Securities and Exchange Commission (CySEC) has issued an investor alert naming eleven websites that, according to the regulator, are offering investment services without the required authorisation under Article 5 of Law 87(I)/2017. CySEC stresses that these sites are not connected to any licensed entity permitted to provide investment services or conduct investment activities in or from Cyprus.

Websites identified in the alert

• deltatradingcorp.com
• vyntor.net
• phronimoss.com
• alchemy-investments.ltd
• axiance.com
• superfitmax.com
• fusion4marketsltd.com
• anforanav.com
• bm-holdings.co
• lyfelete.com
• novustrade.net

What the warning means

When a firm is not authorised, clients lose the protections that apply to licensed Cyprus Investment Firms—such as strict rules on handling client money, conduct-of-business requirements, dispute-resolution channels, and potential access to investor compensation arrangements. In practical terms, that can make it harder to resolve complaints, recover funds, or even identify the responsible legal entity behind a website.

Why unauthorised sites spread

CySEC‘s notice fits a broader pattern seen across online trading: websites that look professional, buy search ads or social placements, and solicit deposits while omitting verifiable licensing details. Some publish generic “regulation” claims or vague company descriptions that don’t correspond to entries in any official register. Others use multiple domains or frequently change contact details—tactics that complicate enforcement and confuse prospective clients.