New CySEC broker is granted a CIF license, but yet to go live The Cyprus Securities and Exchange Commission is reporting that they have granted a CIF license to forex broker registered under company name Harborx Ltd. license number 198/13 as of March 26, 2014. We do not know much on this broker other then…
Read moreRenewal of investor confidence in Cyprus, investor training and modernization highlight CySEC’s plans for 2014 Cypriot financial regulator CySEC has assembled briefing with local media yesterday outlining future goals for the Commission and some review of the challenging year already behind us. The press release issued on the matter details the Commission’s priorities for the…
Read moreCySEC issues 10 new CIF licenses during Q3, most all to binary and forex brokers. As we've written before, the EU-Cyprus bailout crisis and subsequent bank account 'haircut' which occurred this spring has not dampened traders' enthusiasm for engaging with Cyprus-based brokerages. And as such we continue to see a number of startup (and existing)…
Read moreForex 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…
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