Following the closure of its operations, one of the largest binary options brands in the world has now renounced its CySec license
MAP FinTech confirms exclusive EMIR reporting contract with vast majority of CySec-licensed firms – FinanceFeeds Exclusive
Despite the presence of many regulatory technology firms with EMIR reporting systems to offer, MAP FinTech now has the vast majority of EMIR-reporting firms with CySec licenses on its books
Breaking: CySec issues document instructing FX and binary firms to desist from offering deposit bonuses
Demetra Kalogerou, Chairman of CySec has issued a letter expressing her interest to ensure that FX and binary options firms desist from offering deposit bonuses, and takes a very conservative approach to leverage in OTC FX products.
Exclusive: ACFX website goes offline with company owing its IBs and customers a fortune – But where is CySec?
ACFX began restricting withdrawals to IBs and retail customers in April this year, and since then the entire management team fled. Now the website is offline with hundreds of thousands owed to customers, but CySec remains quiet the whole time. We detail our entire in depth investigation
If even Belize will not license firms with a history of malintent, why does Cyprus continue to entertain them? – Op Ed
A comprehensive look at the actions of other jurisdictions with regard to nefarious binary brands and retail B-bookers that have a less than enviable history, and how CySec continues to uphold their licenses as Belize cans the license of Banc de Binary.
Exclusive: Angry X-Trade customers arrive in Cyprus, commence hunger strike and media campaign alleging manipulation and theft of funds
In Limassol, Cyprus, a placard has been erected accusing X-Trade of stealing 40,000 Euros from a client, with the client claiming that he has proof of manipulation. We photograph the protest and the man behind it. X-Trade reacted by calling the police, citing defamation. Police are now investigating.
Insolvent FX brokerage LQD Markets: CEO Nick Bang refuses to meet administrators, money missing from Cyprus
Just over a year and a half has passed since LQD Markets fell victim to the Swiss National Bank’s removal of the 1.20 peg on the EURCHF pair, however evidence has now been presented by the administrators that CEO Nick Bang is evading meetings despite special attempts, and client funds are missing from the firm’s records
FX trader which IronFX sued for defamation due to go to court in Germany. Court may uphold trader’s case
In May this year, German FX trader Patrizia Vigiani took to social media and public forums in which she cited IronFX’s […]
CySec closes the door after the horse has bolted – ACFX license suspended further long after management have run for the hills
Delayed withdrawals across the world and a management team that has long since departed from the company. CySec’s […]
Binary options ‘industry’ takes last gasp – forms unofficial band of back street lobbyists as future dwindles
A good look at why this morning’s secret meeting of binary options brand and platform/market maker […]
CySec has made tremendous steps to encourage good business practice in the most highly developed retail FX center on the planet. Here is what needs to happen next.
“CIFs will be expected to require that their sales staff be certified and registered in the Public Register, whilst they must also ensure to receive a regular and specific training.” – Constantina Economidou, Compliance and AML Officer, Leverate
Australia’s precious metals physical clearing exchange confirms closure of Cyprus division.
Under 30 and moving up the ranks. We talk to Jean Raphael Nahas, Head of Business Development, Blackwell Global, to find out how he got into the industry and what he does daily.
Bogus inspectors claiming to be CySec officials are attempting to dupe retail customers.
Research carried out by FinanceFeeds over recent months has drawn a very interesting, and actually very promising indeed, that being…
Two months ago, senior political party leader Andros Kyprianou, who heads the Cypriot party AKEL which is currently in opposition…
Six years ago I made my first trip to Cyprus. I was expecting the Greek islands featured in travel magazines…
2016 heralded a new era of innovation, and in the fast-moving FX industry, those at the cutting edge who are…