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CySEC licenses ApmeFX forex broker

 The Cyprus Securities and Exchange Commission (CySEC) announced it has granted a license to yet another would-be forex broker – ApmeFX.


 

The company Apme FX Trading Europe is based in Limassol and its registered website is apmefx.com. There is still not much other information, but it looks like ApmeFX will be offering forex trading to retail clients.


 

The CySEC license is fairly standard: for  reception and transmission of orders on financial instruments and investment advice and ancillary services.


 

Cyprus is a popular destination for forex and binary options brokers seeking access to the entire European market. There are literally hundreds of CySEC-licensed companies offering such services. The reason is that the local regulator has somewhat less strict requirements, in comparison to UK's FCA, which is another major European supervisor of brokerages.


 

Despite the recent tightening of CySEC's rules and oversight, it seems the island is not losing its popularity among forex brokers. In the past several weeks the Commission announced the licenses of several new companies.

 

 

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