The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it has issued several warnings regarding Brisk Liquidity, Binatex, and Primus Trade.
Brisk Liquidity
CySEC has informed investors about the following regarding “Brisk Liquidity Ltd”:
- The Company, through the website www.briskliquidity.nz, uses the name of the Cyprus Investment Firm (“CIF”) Globia Wealth Ltd (License No. 318/17), 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
Binatex
CySEC has informed investors that the website binatex.com, 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 linked to CySEC’s logo contained in the aforementioned website that: “Re-registration is in progress” does not reflect the situation and is misleading.
Primus Trade
Finally, CySEC has informed that the website primustrades.com (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 which states that its management and agreements with customers for the provision of investment services are made by/with B.O. TradeFinancials Ltd, may not correspond to reality.
CySEC would like to note that B.O. TradeFinancials Ltd, which was licensed to provide investment services (License No. 216/13), voluntarily withdrew its license on 21.2.2018.
CySEC has urged 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.