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Capital Index renounced its CySEC license

 

It seems that global online brokerage Capital Index is the next to voluntarily renounce its Cypriot Investment Firm (CIF) license.

 

 

Our check revealed that the broker’s displays a message saying that the Cypriot company will cease the provision of investment and ancillary services through the sub-domain www.capitalindex.com/eu/ as of 20th of July 2018, subject to the firm’s decision to withdraw its CIF authorization. According to the message, all trading accounts should have been closed by 17th of August 2018.

 

Capital Index was founded in 2014 by FX veteran Rob Woolfe, the former executive at ETX Capital. The same year, it got a CIF license, and in 2015 the company also acquired license from UK’s Financial Conduct Authority (FCA). The global online brokerage Capital Index specializes in CFDs, financial spread betting and spread trading on a range of financial instruments including foreign exchange (FX), commodities, indices and metals.

 

Previous month the licenses of other two companies, Ouroboros Derivatives Trading Ltd. (parent of AnyOPtion), and of Gobaba FX Cy Ltd., have been withdrawn by CySEC.

 

TAGS: Capital Index  CySEC  license withdrawal 

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