Tag: xtrade

October 25, 2016 BY LeapRate Staff

CySEC fines XTrade parent company €225,000 for bonus and investment advice failures

Cyprus financial regulator CySEC has imposed a fine of €225,000 on XFR Financial Ltd, the parent company of retail forex broker XTrade, for a variety of violations. The largest parts of the fine relate to: providing investment investment advice without authorisation, failing to act fairly, honestly and professionally or in the best interests of clients in granting trading bonuses,…

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July 21, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against retail forex broker XForex / XTrade

Continuing its string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding XForex / XTrade (at website xforex.com). XForex.com was recently integrated by parent company XFR Financial Ltd into sister brand XTrade.com, alongside a major marketing campaign which…

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May 15, 2015 BY Mike Fox

XFR Financial taps AU10TIX BOS for streamlining client ID authentication and onboarding

XFR Financial, the CySEC regulated CIF of trading brands XTrade and XForex has deployed AU10TIX BOS SaaS (Cloud) service; enabling 100% automated end-to-end processing that includes auto-classification, content extraction, logical authentication, tampering forensics and additional checks. AU10TIX BOS is the only solution on the market capable of such depth and breadth of authentication checks across a wide range…

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