On Tuesday, the Board of the Cyprus Securities Exchange Commission announced that it had initiated the process of compensating clients of Maxigrid Ltd under the Investors Compensation Fund. They made the decision on March 28 but was only publicly announced quite recently. Maxigrid operates multiple forex and contracts for differences (CFDs) trading brands, such as …
CySEC Initiates ICF Compensation for Maxigrid Clients. Read More »
The Cyprus Securities and Exchange Commission (CySEC) has fined CIF Capital Com SV Investments Ltd. 10,000 euros for non-compliance with article 16(2) of Regulation (EU) 596/2014 on market abuse. In January 2022, CySEC fined Atlantic Securities Ltd for violating Article 16(2). CySEC fined Atlantic 3,000 euros only, a significantly lower amount than what they fined …
CySEC Fines Capital Com for Non-Compliance with Article 16(2) Read More »
On Wednesday, Dutch online broker BUX announced the completion of its acquisition of a Cyprus Investment Firm (CIF). As a result, it obtained regulatory approval to provide financial services in Cyprus. The move comes after Brexit as the company focuses on continuing its services to European Union clients. The firm has completed the migration of …
BUX Expands Into Cyprus, Appoints Jean-Raphael Nahas as MD Read More »
Equiti Group is one of the leading providers of online technology and multi-asset financial products. They announced the expansion of their product offering through MetaTrader 5, which is a popular multi-asset trading platform. MetaTrader 5, or MT5, is one of the most popular trading platforms available. Due to its quick execution time, copy trading, and …
Equiti Group Adds MT5 to Expands Platform Offering Read More »
February was an extremely successful month for Exness, with almost $1.59 trillion in total trading volume. This was the broker’s best month ever in terms of the trading volume. For some time, the Cypriot-headquartered retail forex and contracts for differences (CFDs) broker has experienced a spike in interest for trading activities. It is one of …
Exness Hits $1.59T in Trading; Sets Another Record Read More »
Vantage (formerly VantageFX) has continued to expand its sports world with its most recent multi-year sponsorship agreement with McLaren Racing. The broker has been named an Official Partner of the McLaren (MX) Extreme E team. The brand of Australia-based broker McLaren will be seen on the chassis and roof of the McLaren MX race car, …
This year’s second half, Poland-based online forex and CFDs broker XTB plans to start trading in South Africa. XTB, nevertheless, plans to increase its presence in the Middle East. Pawel Szejko, an XTB Board Member for financial affairs, stated that the organization’s current focus is on growing its presence in Middle Eastern nations. XTB established …
XTB to Launch its Forex Trading Service in South Africa Read More »
On Wednesday, the financial market regulator in Kenya announced that HF Markert Group, the retail forex and CFD trading brand HotForex, had obtained a new license. According to sources, the Capital Markets Authority (CMA) has licensed HFM Investments Limited, a locally incorporated affiliate of the brokerage group. However, it is uncertain when the broker will …
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