Competition among western firms to enter the Chinese market has been a very important focus for some time, however China has now brought a home-grown retail FX company to a Western audience by establishing in Cyprus.
Read moreFollowing a transaction which took place earlier this month, Traders Trust has officially announced that it has taken over the client base of JFX markets in Cyprus
Read moreA year and a half after its launch, Windsor Brokers' GWAZY platform gains an IB portal, an essential component for relationship-based client acquisition Introducing a proprietary trading platform to meet the requirements of a specific target market is a somewhat costly and resource-hungry task, however for Cyprus-based Windsor Brokers, continued investment in exactly that is…
Read moreBonuses will only be allowed if funds are free to withdraw whenever the client wishes This could totally change the retail forex industry, and the way client acquisition and retention is done. It’s been only a day since CySEC outlined its priorities for 2014 and today we have the first steps taken in the direction…
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 moreCyprus' Fin Min sees capital controls removed during 2014. In business, there are the things you can control and the things you can't control. While most of us in business spend time worrying about things we CAN control, it is often the other things which affect us most. Case in point -- this past Spring's…
Read moreAs we previously reported, Binary Options and Forex brokers continue to flock to Cyprus. 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) binary options and forex brokers…
Read moreAnother instance of an unregulated forex broker using the trade name of a regulated entity. Cyprus financial regulator CySEC has sent out a release warning investors against Depaho FX, and their website www.depahofx.com, stating that they are not and have never been licensed by CySEC. On Depaho's website the company claims to be based in…
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