The Cyprus Securities and Exchange Commission (CySEC) has just informed investors about the following regarding Efexa1000 Ltd (the Company):
- The Company, through the website efexa1000.com, claims to be part of the Instant Trading EU Ltd (the “CIF”) group, which is licensed (License No. 266/15) and regulated by CySEC, while it has no relationship with the CIF.
- The Company does not hold a license from CySEC for the provision of investment services and/or investment activities, as provided for in Article 5 of Law 87 (I) / 2017.
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.