The Cyprus Securities and Exchange Commission (CySEC)
informs investors that several websites are not linked to any entity authorized
to offer investment services or perform investment activities.
It should be noted that some of these entities may be
fraudulent clones, attempting to impersonate licensed companies by using their
names, logos, addresses, and other details.
CySEC Alerts on Unauthorized Websites
These firms include WeonMarket, along with its associated
site platform.dashboardweonmarket.live; Nortenway and its registration page,
cfd.nortenway.com/register; PrimusCFD and its client portal,
client.primuscfd.net; Axiagroup.co; OctaMarketFX; Apmetrade; Investous.pro;
Varkuti.eu and QuoMarkets.com.
Other sites in the warning list include Efgbtrdpltfrm.com; Profitwave.cc;
MarketsAdvGroup.com; Platform-Oro.com; VTMarkets.com and VTMarkets.net;
Bybit.com; Chiron-Group.limited; and GameChangersWW.com, which is also linked
to Bybit.com and VTMarkets.net.
Deceptive operations by clone firms have no connection to
the legitimate firms they mimic, despite their apparent similarities.
Investor Caution Advised
Finance Magnates reached out to several firms on the warning
list. OctaFX responded, clarifying that the website
âoctamarketfx.comâ is unrelated to their globally licensed operations
and is an impostor using their brand for fraudulent purposes. They emphasized
that their official site is âoctafx.comâ and assured that steps are
being taken to eliminate the deceptive site.
ââoctamarketfx.comâ website added recently to the warning
list issued by the CySEC has nothing to do with the globally licensed broker
Octa (ex. OctaFX) operating on the market since 2011. âoctafx.comâ is the main
official website of the company. Moreover, EU residents and citizens arenât
able to register and be onboarded via octafx.com,â the firm noted in its
statement.
âAs for âoctamarketfx.comâ we consider the entity as an
impostor using our brand for the purpose of profit. There have been numerous
instances where imposters have attempted to deceive people by using our brand
name and/or logo to solicit money, which is ultimately stolen by these
copycats. We passed the case to the relevant team, so weâre aiming to take
action in this regard and eliminate âoctamarketfx.comâ from public access.â
CySEC urges investors to exercise caution and consult its
website to verify the licensing status of any investment firm before
proceeding.
The Cyprus Securities and Exchange Commission (CySEC)
informs investors that several websites are not linked to any entity authorized
to offer investment services or perform investment activities.
It should be noted that some of these entities may be
fraudulent clones, attempting to impersonate licensed companies by using their
names, logos, addresses, and other details.
CySEC Alerts on Unauthorized Websites
These firms include WeonMarket, along with its associated
site platform.dashboardweonmarket.live; Nortenway and its registration page,
cfd.nortenway.com/register; PrimusCFD and its client portal,
client.primuscfd.net; Axiagroup.co; OctaMarketFX; Apmetrade; Investous.pro;
Varkuti.eu and QuoMarkets.com.
Other sites in the warning list include Efgbtrdpltfrm.com; Profitwave.cc;
MarketsAdvGroup.com; Platform-Oro.com; VTMarkets.com and VTMarkets.net;
Bybit.com; Chiron-Group.limited; and GameChangersWW.com, which is also linked
to Bybit.com and VTMarkets.net.
Deceptive operations by clone firms have no connection to
the legitimate firms they mimic, despite their apparent similarities.
Investor Caution Advised
Finance Magnates reached out to several firms on the warning
list. OctaFX responded, clarifying that the website
âoctamarketfx.comâ is unrelated to their globally licensed operations
and is an impostor using their brand for fraudulent purposes. They emphasized
that their official site is âoctafx.comâ and assured that steps are
being taken to eliminate the deceptive site.
ââoctamarketfx.comâ website added recently to the warning
list issued by the CySEC has nothing to do with the globally licensed broker
Octa (ex. OctaFX) operating on the market since 2011. âoctafx.comâ is the main
official website of the company. Moreover, EU residents and citizens arenât
able to register and be onboarded via octafx.com,â the firm noted in its
statement.
âAs for âoctamarketfx.comâ we consider the entity as an
impostor using our brand for the purpose of profit. There have been numerous
instances where imposters have attempted to deceive people by using our brand
name and/or logo to solicit money, which is ultimately stolen by these
copycats. We passed the case to the relevant team, so weâre aiming to take
action in this regard and eliminate âoctamarketfx.comâ from public access.â
CySEC urges investors to exercise caution and consult its
website to verify the licensing status of any investment firm before
proceeding.
This post is originally published on FINANCEMAGNATES.
