CySEC tightens control on forex and binary options brokers in line with ESMA’s guidelines
Dec 05 2016 14:51:10 Stanimir Zhelev in Brokers
The Cyprus Securities and Exchange Commission (CySEC) has issued a circular to Cyprus investment firms, setting some new rules about trading bonuses, maximum leverage and withdrawal time. In its essence, these measures are in line with ESMA’s guideline, published in October.
FXBFI, IFC Investments and Jin Daocheng obtain CySEC forex licenses
Oct 04 2016 12:54:24 Stanimir Zhelev in Market
The Cypriot financial regulator, CySEC, has granted three more forex broker licenses this week – to IFC Investments Cyprus and Jin Daocheng, and FXBFI Broker Financial Invest Ltd.
CySec-regulated forex broker FXTM launches UK division
Apr 27 2016 15:07:00 Stanimir Zhelev in Brokers
ForexTime, a.ka. FXTM, a forex broker regulated in Cyprus, officially opens its doors in London to better serve retail and institutional clients in the UK and Europe. FXTM’s London office will be headed by Demetrios Zamboglou.
Cyprus financial regulator CySEC warns against Noeruscapital.com
Nov 12 2015 15:09:42 Stanimir Zhelev in Market
The Cyprus Securities and Exchange Commission (CySEC) said today the operator of the website www.noeruscapital.com, is not permitted to provide investment and ancillary services in Cyprus.
Forex Scam: CySEC warns of BulletInvestment.com
Nov 09 2015 16:01:04 Stanimir Zhelev in Brokers
Cyprus’ financial regulator, the Cyprus Securities and Exchange Commission (CySEC), issued a warning today that the operator of www.bulletinvestment.com is not under its regulation.
Exness launches exness.eu to comply with the new CySec requirements
Oct 29 2015 15:38:15 Stanimir Zhelev in Brokers
EXNESS Group is pleased to announce that beginning October 29, 2015 a separate website for EXNESS (CY) LTD (www.exness.eu) will be launched.
CySec warns against unauthorized forex broker TradeFXi
Oct 15 2015 16:54:23 Stanimir Zhelev in Brokers
The Cyprus Securities and Exchange Commission (CySec) has issued a warning against unregulated forex broker TradeFXi, false claiming to hold Cyprus investment license 143/11. Following the warning false statement was removed from the "About Us" page on broker's webiste.
It's official: CySec investigates IronFX
Aug 07 2015 15:17:01 Stanimir Zhelev in Brokers
Earlier this year Chinese traders and IBs filled 160 complaints against IronFX with the District Court of Limassol. According to the claimants, the CySec regulated forex broker has denied withdrawal requests from 150 customer accounts with total amount of client funds close to $1.25 million.
CySec cancels the license of binary options broker Cedar Finance
Jul 13 2015 09:14:42 Stanimir Zhelev in Market
Cyprus financial regulator CySec withdraws the license of P.M. Investment Capital Limited, owner of Cedar Finance, Regal Options and Brokerage Capital binary options brands.
CySEC urges forex brokers to limit the leverage for Polish clients to 100:1
Jun 22 2015 11:32:44 Stanimir Zhelev in Market
Poland’s financial regulator limited forex trading leverage to 100:1 last year after KNF reviewed traders' performance of forex trading during 2013 and found out that 81% of forex traders in Poland realized losses in their accounts. Below is CySEC's official announcement.
CySec regulated broker Best Choice FBC acquires FinFX's retail business
May 06 2015 12:39:13 Stanimir Zhelev in Brokers
FinFX, the Finish forex broker that transferred its US clients to Tallinex at the beginning of 2015, announced earilier this week that its retail business will be acquired by the CySec regulated broker “Best Choice FBC limited”.
FxPrimus eyes on Europe, obtains forex license from CySec
Jan 08 2015 16:59:05 Stanimir Zhelev in Brokers
FXPRIMUS, a fast growing forex brokerage regulated in both Mauritius and New Zealand, announced that their European subsidiary, FX Primus Europe (CY) Ltd. has been granted a CIF License from Cyprus Securities & Exchange Commission (CySEC).
CySec suspends the license of binary options broker EZTrader
Nov 21 2014 11:00:04 Stanimir Zhelev in Market
The Cyprus Securities and Exchange Commission (CySec) has suspended the license of EZTrader, one of the few regulated binary option brokers.