"On the one hand having competition is good. But having competition that plays by different rules isn’t good. Too many of these companies operate kind of dodgy. I have even heard of people registering who were able to open and register accounts as Mickey Mouse and Kermit the Frog" - Glenn Stevens, CEO, GAIN Capital
Read moreFollowing a suspension of its CySec license in February this year, FxPulp has now had its license revoked permanently
Read moreCyprus Securities and Exchange Commission (CySEC) today announced its decision to impose an administrative penalty on WGM Services Ltd, a investment firm that owns binary options brand EZTrader and forex broker EZInvest. The administrative measure consists of a EUR 10,000 fine. The regulator said the penalty reflected the fact that WGM Services' websites www.ezinvest.com and…
Read moreA new global code of conduct is set to ban the use of traditional slang in an attempt to stem market abuse
Read moreCySec has issued a warning that Cedar Finance is not authorized to operate as it did not comply with the prerequisites for license activation, however the firm now operates under the holding firm of PM Investment Capital, whereas last year its license was revoked when operating as T.B.S.F
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today issued a public warning against dealing with binary options broker TD Options Limited. The watchdog cautions investors that the company is not authorized to provide investment and related services in Cyprus, pursuant to Investment Services and Activities and Regulated Markets Law. That is because the broker was…
Read moreCypriot regulatory authority CySec has imposed a 5,000 euro administrative penalty on Traders Trust over misleading information with regard to the increasing of equity
Read moreAn update to LeapRate's article from February 18, 2015... The Cyprus Securities and Exchange Commission (CySEC) today extended the suspension of the license of Pulp International Business Ltd, the company which owns the FxPulp brand. On March 2, 2015, the Board of Directors of the regulator decided to keep the license of the Forex broker, which…
Read moreCySec has today issued a consultation paper regarding its proposed rulings on trading bonuses, including investigating an overhaul of withdrawal conditions, and amendment of bonuses without client consent
Read moreSubject to approval by specific trading venues, CySec will allow Cyprus Investment Firms to use market data reported by such venues. In giving Euronext as an example, CySec confirms that, among other things, redistribution of real-time and/or delayed market data is permissible
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