Tag: CySEC CIF license

forex industry news update
December 10, 2017 BY LeapRate Staff

FX Industry Week Review: CySEC forex broker license, Formax Prime launch, FXDD-IronFX merger off, and lots more…

Which FX broker is the latest to get a CySEC CIF license? Which China-backed, FCA-licensed ECN broker launched in London? Why was the FXDD-IronFX merger called off? What major change did Plus500 Ltd (LON:PLUS) make to its Affiliate program? Answers to these questions and more appeared exclusively or first at LeapRate this week. Some of our…

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cysec cif licence suspension
November 23, 2017 BY Valentina Kirilova

CySEC to suspend its Fast Track Examination CIF licensing scheme

The Cyprus Securities and Exchange Commission (CySEC) has just informed that it decided to suspend the ‘fast track’ examination scheme (the ‘Scheme’) for the assessment of applications for granting a Cyprus Investment Firm authorisation in accordance with Section 21 of the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007). The CySEC…

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Boostmarkets TradeFred fx affiliate
November 15, 2017 BY LeapRate Staff

Exclusive: Betfred's FX unit TradeFred gets CySEC license, launches affiliate site Boostmarkets.com

LeapRate Exclusive... Watch out FCA regulated FX and CFD brokers, here they come. LeapRate has learned that Betfred's new entrant in the FX and CFD brokerage space, TradeFred, is expanding with a soon-to-be-launched EU regulated entity in Cyprus. TradeFred has also already expanded its international footprint with a live operation in Australia. And, the company…

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CySEC settlement
October 16, 2017 BY LeapRate Staff

Binary options broker ProOptions has CIF license reinstated, but site remains down

Cyprus financial regulator CySEC has announced the reinstatement of the CIF license of Gametech (Cyprus) Limited. Gametech operated the binary options brokerage brand ProOptions.com. ProOptions was one of several binary options firms to have their licenses suspended by CySEC back in March. The regulator stated at the time that the suspensions were for suspicions of an…

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