Forex brokers continue to flock to Cyprus as a base for EU operations. LeapRate Exclusive... It seems as though Cyprus has not lost any of its cache, as a desirable and respected destination for forex brokers looking for a beachhead in the EU market. LeapRate has learned that New Zealand / Russian forex broker Trendoks…
Read moreMarks a major victory for Cyprus forex brokers. LEAPRATE EXCLUSIVE..... BREAKING FOREX NEWS.... Great news heading into the weekend for Cyprus forex brokers. LeapRate has learned that Cyprus' financial regulator CySEC has fully revered its previous, controversial position which required Cyprus forex brokers to provide very onerous disclosure regarding their operations in non-EU countries. In…
Read moreCF Invest is apparently 'using' the rightful license granted to properly-regulated CFI Markets. Cyprus financial regulator CySEC has sent out a release warning investors against CF Invest Ltd., and their website www.cfinvestltd.com, stating that they are not and have never been licensed by CySEC. From a quick visit to the CF Invest website, it appears…
Read moreUnclear what the CySEC warning against HFX is about, however. Cyprus financial regulator CySEC has sent out a release warning investors against HFX Global Ltd., and their website www.hfx.com. It is unclear, however, what the warning is about, and why it was issued. The CySEC warning just states that HFX is not and never was…
Read moreCedar Finance, based in Cyprus, claims to be in the process of obtaining a CySEC license. Binary options platform provider Tradologic has announced that it has added Cedar Finance, an existing binary options broker, as a new client using its binary options platform. Cedar has been around since 2011, operating using an independent platform. The…
Read moreZoneOptions becomes the third regulated binary options broker in Cyprus. As a follow-up to our recent article, in which we exclusively reported that CySEC had approved a third binary options broker by issuing a CIF license to Rodeler Limited, parent of ZoneOptions, comes word that CySEC has indeed added ZoneOptions to its list of regulated…
Read moreZoneOptions joins Banc de Binary and OptionWeb as licensed binary options brokers. LeapRate Exclusive... LeapRate has learned that Binary Options broker ZoneOptions' parent company Rodeler Limited has received its CySEC CIF license, making ZoneOptions just the third binary broker to be formally regulated in Cyprus. The announcement should be made by CySEC in the coming…
Read moreCyprus firms continue to reposition and rebrand away, although other forex brokers continue to flock to the country. LeapRate has learned that Cyprus-based and CySEC-regulated forex broker Liquid Markets (previously Tadawul FX) has opened a new office in London. The move comes after Liquid Markets' regulator CySEC granted permission to the company to operate in the…
Read moreBelize based broker MFX had applied for and received Cyprus regulation in July 2012, but never activated the license. LeapRate Exclusive.... LeapRate has learned that Belize based retail forex broker MFX Brokers, which operates under the brand names MasterForex, MFX Broker and MFX Trading Academy, has renounced its CySEC CIF license as of May 31, and is…
Read moreThe Cyprus EU crisis and bailout seems a distant memory as Forex brokers continue to flock to the country. It was less than four months ago that people in the forex industry (including us) were wondering whether or not the sector would survive at all in Cyprus, which until then had been one of the…
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