About Cyberbyte
Overview
Cyberbyte ltd is a company registered in the United Kingdom, with a registered address at 168 St Christopher Street, Valletta VLT 1467, Malta. The company was founded on 2 November 2022, making it a relatively young entity in the financial services space.
Our records indicate that Cyberbyte holds a single licence from the Malta Financial Services Authority (MFSA), classified as a Market Making (MM) licence. The licence number on file is C 56519, and the status is listed as '—', which we interpret as not clearly active or verified. This is a notable point for potential clients to consider.
Regulatory Status
The MFSA is the financial regulator of Malta, a jurisdiction known for its European Union membership and adherence to EU financial regulations. However, the licence status for Cyberbyte is not confirmed as active in our records, and the company has no employees on file.
We cross-checked the licence details against the public register, but the information available is limited. The absence of a clearly active licence, combined with the company's short operating history, raises questions about the level of regulatory oversight and consumer protection that clients might expect.
Products and Services
Based on the known facts, we do not have specific information about the products or services offered by Cyberbyte. The company's official domain is cyberbyte.live, but we could not verify any website content or social media presence.
Given the lack of verifiable information, we cannot confirm whether Cyberbyte offers retail forex or CFD trading, or any other financial products. This is a significant limitation for traders who would typically rely on such details to assess a broker's suitability.
Risk Assessment
FXCanary's Scam Risk Score for Cyberbyte is 43 out of 100, which we classify as 'Guarded'. This score reflects a moderate level of risk, primarily due to the lack of a verifiable website or social media presence.
The risk flag specifically notes 'No verifiable website or social-media presence', which is a red flag for potential clients. In the financial services industry, transparency and accessibility are crucial, and the absence of these elements makes it difficult to conduct proper due diligence.
Conclusion
In summary, Cyberbyte ltd is a company with a UK registration and a Maltese address, holding an MFSA licence that appears to be in an unclear status. The company has no employees on file and no verifiable online presence, which limits our ability to provide a comprehensive overview.
For traders considering this broker, we advise extreme caution. The lack of transparent information and the guarded risk score suggest that further investigation is necessary before any engagement. We recommend verifying the licence status directly with the MFSA and seeking additional independent information.
Overview compiled by FXCanary from regulatory records and public data. full Cyberbyte review