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Screenshot of a breaking news alert e-mail from Q2 2017
Cyprus-based retail FX firm Forex Time (FXTM) has today announced the establishment of a new licensed entity, FT Global Ltd, regulated by the IFSC of Belize, which will operate in conjunction with the company’s CySec-regulated operations.
FXTM is confident that the new entity will operate as an integral part of the company’s global development. Priding itself in offering bespoke solutions and flexibility of service, FXTM aims to provide clients with diversification and efficiency in trading the markets, and make available to all regions a service of an appropriate and international standard. Clients outside the EU are entitled to register with either entity of their choosing.
In terms of global reach, it is likely that FXTM has taken this route in order to attract further clients from outside of the European Union, a direction which firms in Cyprus are increasingly taking.