CySEC warns against Primus Trade website

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The Cyprus Securities and Exchange Commission (CySEC) has just informed investors that the website (Primus Trade), does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.

The information contained in the aforementioned website that: “Primus Trades was founded in 2015 as a London based management company fund regulated by the Cyprus Securities and Exchange Commission” does not reflect the situation and is misleading.

CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities

The official warning can be seen here.

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