Tag: Cypriot forex broker

November 02, 2015 BY Maria Nikolova

CySEC keeps authorization of Falcon Brokers suspended

The Cyprus Securities and Exchange Commission (CySEC) today announced that a meeting held on October 26, 2015, its Board has decided to keep the authorization of Cyprus Investment Firm Falcon Brokers Ltd suspended. The regulator initially suspended the CIF license of Falcon Brokers on September 24, 2015, referring to alleged violations of operational requirements related to…

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October 29, 2015 BY Maria Nikolova

EXNESS launches separate website for CySEC-regulated operations

Online trading services provider EXNESS Group has announced the launch of a separate website for its Cypriot subsidiary EXNESS (CY) LTD. As of today – October 29, 2015, EXNESS (CY) LTD's website is available at www.exness.eu. The new website will be used for sharing information about the company's trading conditions, opening accounts, and for EXNESS (CY)…

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October 26, 2015 BY Maria Nikolova

Uncertainty mounts over CommexFX as website goes down

After several months during which visitors of the corporate website of Cypriot Forex broker CommexFX saw a message saying “Suspended for 15 days”, all of the information about the broker disappeared from the website as its domain name has expired. Since Friday – October 23, 2015, visitors of commexfx.com have seen an announcement that the…

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October 23, 2015 BY Maria Nikolova

Japan's FSA issues warning against Cypriot broker X Global Markets

It is not a rare occurrence for Japanese financial regulators to act against companies that are authorized in overseas jurisdictions, however lack the necessary regulation in Japan and target Japanese investors. X Global Markets Ltd, a Forex broker authorized as a Cyprus Investment Firm (CIF), has made it to the Warning List of Japan's Financial…

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