Tag: Cypriot forex broker

March 29, 2016 BY Maria Nikolova

FxNet removes Bitcoin from offering

CySEC-regulated Forex and CFD broker FxNet today announced that it is removing Bitcoin from the lineup of trading products. The company added Bitcoin to its offering in August last year, with Bitcoin being listed amid CFDs on shares. FxNet said that starting from today – March 29, 2016, opening new positions with Bitcoin will be…

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March 23, 2016 BY Maria Nikolova

XM joins lineup of Forex brokers sponsoring football teams

Cypriot Forex broker XM.com today announces a partnership with Saudi Arabia's Al-Nassr FC. The broker has become an official sponsor of Al-Nassr FC, which is currently the third most successful football club by performance in Saudi Arabia. The Al-Nassr FC sponsorship is the first major venture in the Persian Gulf and therefore a significant milestone…

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March 04, 2016 BY Maria Nikolova

CySEC suspends license of Pegase Capital, owner of Interactive Option

After imposing a fine of EUR 300,000 on Pegase Capital Ltd in November last year, the Cyprus Securities and Exchange Commission (CySEC) today announced harsher measures against the company, which owns brands like binary options provider InteractiveOption. CySEC announced the suspension of the Cyprus Investment Firm authorisation of Pegase Capital Ltd (number 225/14). The penalty reflects…

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February 23, 2016 BY Maria Nikolova

CySEC issues next Forex broker fine: €100,000 to CommexFX

The Cyprus Securities Exchange Commission (CySEC) today announced that its Board has decided to impose a fine of €100,000 on Forex broker CommexFX Ltd for violations of the Investment Services and Activities and Regulated Markets Laws of 2007. The violations were committed in March and April 2015 and consist of “Dealing on own account” without…

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February 15, 2016 BY Maria Nikolova

XM launches Zero accounts

CySEC-regulated Forex broker XM today announces the launch of XM Zero Accounts, which offer spreads as low as 0 pips. The introduction of the new type of accounts is in response to feedback the broker has obtained from its latest customer satisfaction survey. The new accounts are for the MetaTrader 4 (MT4) platform and the…

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February 15, 2016 BY Maria Nikolova

CySEC suspends license of SkyFX/Capital Option

The Cyprus Securities and Exchange Commission (CySEC) today announced the suspension of the Cyprus Investment Firm license of Trademarker (Cyprus) Ltd, which operates via the brands SkyFX and Capital Option. The watchdog said the suspension reflected suspicions of an alleged violation of section 28(1) of Investment Services and Activities and Regulated Markets Law. In particular,…

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February 08, 2016 BY Maria Nikolova

FXTM launches new investment program FXTM Invest

CySEC-regulated Forex broker FXTM (ForexTime) today announces the launch of its new investment program FXTM Invest. FXTM Invest is a flexible program especially tailored to traders who are making their first steps in the trading world, simply do not have much time for trading or lack the necessary patience. The program enables traders to follow…

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February 04, 2016 BY Maria Nikolova

FXPRIMUS donates portion of each trade made in Dec 2015 to charitable causes

CySEC-regulated FX broker FXPRIMUS has announced that the company has donated 0.05 USD of every trade made in the month of December 2015, to two charitable organizations. The campaign is a part of FXPRIMUS’ Corporate Social Responsibility strategy. The management of FXPRIMUS confirms that the two recipient charitable organizations include the Cyprus-based Elpida Foundation –…

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February 01, 2016 BY Maria Nikolova

FXTM seeks to help traders with new Forex educational videos

Cypriot Forex broker FXTM (ForexTime) today announced the addition of 10 brand new videos to its Education section, as the company seeks to help newbie traders make their first steps in the Forex world. The new videos are presented by Forex market expert John Jergeson in an easy-to-understand and informative way. The topics of the…

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