Leading forex broker Exness is pleased to announce that its UK entity, Exness Europe Limited, has received regulatory approval from the Financial Conduct Authority (FCA), under Register number 730729.
With its newly acquired FCA license, Exness, an international broker whose main client base is currently in Asia, the Middle East, and Africa, is set on expanding its global reach in Europe.
Exness Europe Limited is expected to launch its operations by the end of 2016, building on Exness’ already-extensive client base, entering new regions, and providing the opportunity to new clients to benefit from its superior customer service, pricing, and technology. Beyond just B2C plans, Exness Europe Limited is also looking into B2B opportunities and will be working closely with other businesses that wish to leverage on Exness’ first-class technology and systems.
In addition to the newly-acquired FCA license, Exness is authorized and regulated by CySEC, and complies with the standards of the European Markets in Financial Instruments Directive (MiFID), ensuring financial transparency and effective client protection. Additionally, as a pioneer of the transparency advocacy in the forex market, Exness initiated the regular publication of, and continues to publish, third-party verified performance indicators and auditors reports on financial performance.
David Morris, CEO of Exness Europe Limited said:
“This is a very important milestone in the global expansion of the group and reinforces Exness’ unwavering commitment to adhere by the highest international regulatory standards and to protect its clients’ best interests. There is currently an ever-growing scrutiny from regulators in the forex & CFD industry; Exness embraces this and sees it as fundamental to both the success and longevity of the industry.”