Tag: BogoFinance

CySEC
June 09, 2021 BY Steffy Bogdanova

CySEC withdraws Bogofinance Capital Markets’s (FXJet) ICF membership

The move follows CySEC’s decision to withdraw the Cyprus Investment Firm (CIF) licence of BogoFinance Capital Markets. BogoFinance Capital Markets is a subsidiary of Lebanon-based broker BogoFinance, established in 2006 by local entrepreneur Joseph Boghos. The company obtained its CIF licence in 2017 when it entered the EU market and then rebranded as FXJet. Other…

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May 02, 2017 BY LeapRate Staff

Lebanese retail forex broker BogoFinance gets CySEC CIF license

LeapRate Exclusive... It looks like the folks at CySEC have been busy. And, despite CySEC's introduction late last year of more strict rules governing the operations of retail forex brokers - e.g. no bonuses, limited leverage, call center location... - the desire for brokers to become licensed in the EU via Cyprus remains in high…

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