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RoboForex's Cypriot Business Gets New Website, Starts Operations

RoboForex, the New Zealand-registered Forex broker, today announced the official start of the operations of its Cypriot business  RoboForex (CY) Ltd  through a dedicated website.

 The company has obtained activation of its license as a Cyprus Investment Firm (CIF) from the Cyprus Securities and Exchange Commission (CySEC) in September this year and has even since gradually beefed up the subsidiary. It already has gained partners like major Danish Forex broker Saxo Bank, which will provide liquidity to the Cypriot start-up. Meanwhile, RoboForex has been developing a special website for its new business – we've reviewed it some time ago, and the company today announced its official launch. This means that clients can actually make use of the new website to apply for services, ask questions, and explore what the broker has to offer.
Let's give you a sneak peek into what's in it for you if you decide to open an account with RoboForex's Cypriot business:
- The platform on offer is Metatrader 4, the industry's most popular choice;
- Live accounts for retail traders can be opened with as little as $200. They offer trading with micro lots (1,000 currency units) and maximum leverage of 1:200. The spreads are variable, starting from 0.4 pips;
- The execution is STP, and its high quality is guaranteed by a new gateway.
The rationale for RoboForex's expansion in Cyprus is more than obvious, as it can provide Forex services across the European Union, or at least in the countries where the Markets in Financial Instruments Directive (MiFID) holds true. In addition, Cypriot brokers use some tax perks and enjoy absence of restrictions on leverage. Another Forex broker from New Zealand that has decided to set foot in Cyprus is Exness - the company's CySEC-regulated subsidiary started operations in the end of August this year. 
The latest move by RoboForex underlines the charm of the island for Forex brokers. 

About RoboForex (CY) Ltd 

RoboForex (CY) Ltd is an affiliate of RoboForex Group and is officially registered in the Republic of Cyprus, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), licence 191/13.The goal of the Company is to provide private and corporate clients with quality services on the international foreign exchange market. A crucial advantage of RoboForex is the top-tier Bridge functionality with fully-integrated Straight Through Processing (STP) technology – a perfect Non-Dealing Desk environment for order execution.
TAGS: roboforex  roboforex cyprus  roboforex website  cyprus forex broker  cysec license  cypriot license  forex market  forex license  forex accounts  forex platform  forex trading 

More news about RoboMarkets

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