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Abstract:An in‑depth analysis of EZInvest legitimacy: exploring whether it's real or fake and how safe it is under CySEC license 203/13, including suspension history and fund protection
We firmly establish that EZInvest operates under WGM Services Ltd, regulated by CySEC with license 203/13 since June 14, 2013. However, CySEC suspended that license around 2015–2016, prohibiting new client onboarding and advertising due to violations in client protection and capital compliance. As of mid‑2025, the suspension remains active according to regulatory extension notices. That suspension casts serious doubt on the brokers legitimacy now. No credible evidence supports Indonesian oversight. In sum, although EZInvest once held valid CySEC registration, its license suspension means it's not reliably regulated, and thus not clearly safe or fully real.
Q: Is EZInvest still regulated by CySEC?
A: No – its CySEC CIF license 203/13 has been suspended since around 2015–2016. The broker remains barred from onboarding new clients and advertising.
Q: Could the license have been reinstated?
A: No public CySEC documentation shows reinstatement. Regulatory sources confirm extension of suspension as of June 2025.
Q: Is EZInvest regulated in Indonesia?
A: There is no reliable evidence WGM Services Ltd holds any Indonesian regulatory license. Claims of Indonesian oversight appear unsubstantiated.
Q: What risk does suspension pose to clients?
A: Suspension removes protections: no new client acceptance, no trading operations, and no regulatory supervision on current positions or fund safety.
Q: Does EZInvest segregate client funds?
A: While the platform may claim fund segregation and investor compensation under MiFID/ICF, the suspension implies no active supervision or enforcement.
Q: Was WGM Services fined?
A: In 2015, CySEC fined WGM Services €10,000 for compliance failures, prior to license suspension.
Regulated by | Country | Licensed Entity | Regulatory Level | License Type | License Number |
Cyprus Securities & Exchange Commission (CySEC) | Cyprus | WGM Services Ltd (brand: EZInvest) | CIF / Market Maker | Retail Forex License / Market Making | 203/13 |
WGM Services Ltd obtained CIF license 203/13 on June 14, 2013. CySEC suspended this license around 2015–2016, banning onboarding of new clients and advertising; as of June 2025, the suspension remains extended. No Indonesian regulator is confirmed.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.