This CFD Broker Recently Launched Porp Trading Brand, Now Lands on CySEC Warning List

The Cyprus Securities and Exchange Commission (CySEC) has
flagged ten unauthorized investment websites operating without proper
licensing, with Markets Vox, a recently launched prop trading provider, notably
among them.

Cyprus Financial Regulator Issues Warning against Ten Unauthorized Investment Websites

The regulatory body identified several unauthorized
platforms including surgirux.pro, nasanetac.com, a-eternitycapital.ltd,
marketsvox.com, rohkatech.com, asteo-group.com, elegantopex.com, ewripro.com,
haystdq.com, and eldenstrade.com. None of these entities possess the required
authorization under Article 5 of Law 87 (I)/2017.

This marks another major update to CySEC ‘s warning list in
the past two months
, primarily targeting CFD sector entities. The inclusion of
Markets Vox is particularly noteworthy given their recent entry into the prop
trading space.

MarketsVox and MVFunded Operations

MarketsVox, a Seychelles-licensed broker, launched its prop
trading firm MVFunded in October. The company operates in partnership with MV
Technologies, a Cyprus-based entity handling payment processing.

Earlier last year, the company rebranded from ForexVox to
better reflect its expanded investment product offerings.

The reason for its inclusion on the warning list is
straightforward: MarketsVox, like the other nine entities warned against by
CySEC this week, lacks the necessary regulatory authorization from the Cypriot
watchdog.

The Cyprus Securities and Exchange Commission (CySEC) has
flagged ten unauthorized investment websites operating without proper
licensing, with Markets Vox, a recently launched prop trading provider, notably
among them.

Cyprus Financial Regulator Issues Warning against Ten Unauthorized Investment Websites

The regulatory body identified several unauthorized
platforms including surgirux.pro, nasanetac.com, a-eternitycapital.ltd,
marketsvox.com, rohkatech.com, asteo-group.com, elegantopex.com, ewripro.com,
haystdq.com, and eldenstrade.com. None of these entities possess the required
authorization under Article 5 of Law 87 (I)/2017.

This marks another major update to CySEC ‘s warning list in
the past two months
, primarily targeting CFD sector entities. The inclusion of
Markets Vox is particularly noteworthy given their recent entry into the prop
trading space.

MarketsVox and MVFunded Operations

MarketsVox, a Seychelles-licensed broker, launched its prop
trading firm MVFunded in October. The company operates in partnership with MV
Technologies, a Cyprus-based entity handling payment processing.

Earlier last year, the company rebranded from ForexVox to
better reflect its expanded investment product offerings.

The reason for its inclusion on the warning list is
straightforward: MarketsVox, like the other nine entities warned against by
CySEC this week, lacks the necessary regulatory authorization from the Cypriot
watchdog.

This post is originally published on FINANCEMAGNATES.

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