Disclosure details -

Cyprus Securities and Exchange Commission

Year 2001Regulated by Government

The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

Disclose broker

Danger Unauthorized

BitFxMarket

Disclosure summary

Disclosure matching Website matching
Disclosure time 2019-02-11
Reason for punishment The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform investors that the website bitfxmarket.com (Bitcoinfxoption (Europe) Ltd), 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.

Disclosure details

WARNING

WARNING The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform investors that the website bitfxmarket.com (Bitcoinfxoption (Europe) Ltd), 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 which states that Bitcoinfxoption (Europe) Ltd is licensed (109/10) and regulated by CySEC, does not reflect the reality of the situation. CySEC would like to note that, the license number 109/10 belongs to the Cyprus Investment Firm eToro (Europe) Ltd. CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Nicosia, 11 February 2019 This unofficial English text is for information purposes only and is not legally binding.

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