The CySEC releases a warning about Cartawoxi On 14 February 2025, the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company Cartawoxi, which is offering financial and investment services without the required authorization. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=a871a5e0-116b-4ac3-95dc-8aa5aa77073a
Cartawoxi
VisitRisk Level - High
Cartawoxi
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Cartawoxi is an unregulated broker According to its website, it claims to be registered with multiple regulatory bodies. Upon investigation, no matching information was found in the Australia Securities & Investment Association (ASIC), Financial Conduct Authority (FCA), and Dubai Financial Services Authority (DFSA). In addition, we found that the Cyprus Securities and Exchange Commission (CySEC) warned consumers about the services offered by the company Cartawoxi, which is offering financial and investment services without the required authorization. In essence, Cartawoxi is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Cartawoxi appears to be a scam.
BrokersView has identified that Cartawoxi's website is currently offline BrokersView found that the domain "https://crt-woxi.cc/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Is Cartawoxi a scam platform? Dear Investor, Based on our investigation, Cartawoxi appears to be a scam. The broker creates the illusion of being legitimate by falsely claiming to be regulated by various financial authorities. In fact, Cartawoxi is not regulated by any of them. What's more, the Cyprus Securities and Exchange Commission (CySEC) has added Cartawoxi to its warning list for lack of the required authorization. Therefore, we strongly suggest you avoid using Cartawoxi to protect your investments. It is crucial to conduct thorough research on any broker, rather than accepting their claims at face value. View Source
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