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Cyberbyte

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Risk Level - High

Scam Evidence & Warnings

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The Malta MFSA Added Cyberbyte into Its Warnings On 11 Nov 2022, the Malta Financial Services Authority (MFSA) issued a warning that Cyberbyte was not Maltese registered companies nor licensed or otherwise authorised by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorised under Maltese law. You may visit: https://www.mfsa.mt/news-item/mfsa-warning-cyberbyte-ltd-cyberbyte-unlicensed-entity/

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BrokersView has Reviewed that Cyberbyte is an Unregulated Forex Broker Cyberbyte claims to be regulated by the Malta Financial Services Authority (MFSA).However, we searched MFSA and only found a warning issued to the broker. MFSA warned that Cyberbyte was not Maltese registered companies nor licensed or otherwise authorised by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorised under Maltese law.The truth is that Cyberbyte is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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BrokersView has identified that Cyberbyte's website is currently offline BrokersView found that the domain "https://cyberbyte.live/" 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.

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Where was Cyberbyte founded? Cyberbyte is not a reliable broker for traders even though it states offers that look good to be true.Cyberbyte claims to be regulated by the Malta Financial Services Authority (MFSA). However, when we searched in MFSA, we only found a warning against this broker issued by the regulator. MFSA warned that Cyberbyte was not Maltese registered companies nor licensed or otherwise authorised by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorised under Maltese law. You can check the full warning from here.The truth is, Cyberbyte is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Cyberbyte and trade with licensed brokers. View Source

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