B2Broker Expands Into Europe with B2Prime, a CySEC-Regulated Multi-Asset Liquidity Provider

FinanceFeeds Editorial Team

B2Broker, a major technology and liquidity provider in the Forex/CFDs and Cryptocurrency sectors, has announced that it has broadened its worldwide reach through B2Prime, a Cyprus-based financial institution registered and supervised by the CySEC, to enter the heavily EU-regulated Forex/CFDs market.

Following the completion of the relevant legal processes for the change of ownership, B2Broker now has a stake in B2Prime. Artur Azizov, the Founder and CEO of B2Broker Group, and Evgenia Mikulyak, the co-founder of B2Broker Group, are the new proprietors of B2Prime. B2Prime’s new CEO is Nick Chrysochos. This decision reaffirms the group’s commitment to providing global investment services through a liquidity provider licensed by one of the world’s most prestigious financial markets regulators.

About B2Prime

B2Prime is a regulated worldwide Prime of Prime (PoP) Multi-Asset Liquidity Provider that serves professional and institutional clients across the capital markets. Its primary investing offerings are leveraged derivative CFDs (Forex, metals, commodities, shares, indices, and cryptocurrencies).

B2Broker Group of Companies

B2Broker is a worldwide brand with a strong B2B reputation. It is one of the most prestigious technologies and liquidity providers for crypto and Forex brokers, crypto exchanges, and other financial services firms. Crypto/Forex/CFD liquidity, Crypto/Forex Broker turnkey solutions, crypto payment processing (B2BinPay), MT4/5 white label solutions, B2Core (Trader’s Room), B2Trader (Matching Engine), and liquidity on over 800 trading instruments across the entire spectrum of assets are among the services offered by the company. 

B2Broker, based in Moscow, has ten offices in eight locations spanning Russia, Europe, Asia, the Middle East, and North Africa. B2Broker has a total of seven licenses, including the FCA, AEMI, and the Central Bank of Russia, allowing it to serve clients in more than 50 countries and provide Forex liquidity distribution as well as a variety of additional services to the Forex, Crypto, and Securities sectors. The group of companies has built a massive portfolio of well-known global financial services clients to expand corporate representation and exposure across the world.

What Does It Mean for Clients?

Cyprus’ financial regulator, CySEC, establishes a regulatory framework within which the country’s licensed financial services firms must operate. As a CySEC-regulated broker, B2Prime is bound by the most stringent financial market regulatory norms, including capital adequacy requirements, customer money segregation, and company operations transparency. 

Clients from the EU, the United Kingdom, and many other third-country jurisdictions can now be safely onboarded under EU MiFID II regulatory norms. Through an EU financial services brokerage license, B2Broker may now expand its footprint in the European Union and give customers the chance to experience the organization’s comprehensive product and service offering while setting itself on an expedited global growth path.

“We are thrilled that B2Prime has received CySEC clearance,” said Arthur Azizov, CEO of the B2Broker group of companies. “We now can provide institutional-grade liquidity to clients in over 30 countries thanks to the license. Meanwhile, our clients will be able to enjoy increased security, confident in the knowledge that they are backed by a world-leading, multi-regulated technology and liquidity provider. We believe that now that we have received CySEC approval to provide our investment liquidity services, we will be able to position ourselves as one of the strongest and most trusted organizations in the industry, allowing our clients to feel at peace when trading with us.”

“My ambition is to make B2Prime one of the most stable and reputable financial services organizations in the Forex industry, with a high level of service offering being our main emphasis,” Evgeniya Mykulyak, B2Prime’s owner and Executive Director, stated. “I’m excited to learn about the numerous new prospects in Europe that are accessible to us, as well as to welcome new clients on board. The development of additional trading platforms for connection and the continuous expansion of our Prime of Prime liquidity services will be part of our efforts. We are already establishing a solid liquidity provision network in the European market and have formed agreements with key Prime Brokers. We also intend to join several exchanges, establishing B2Prime as a prominent participant in the financial services business.”

“With Artur Azizov’s long experience and solid credentials in the Forex and Crypto space, and Evgeniya Mykulyak’s deep industry know-how and clear vision for the company, we will be able to provide advanced, cutting-edge technology so that our clients can trade with the confidence of knowing that their trading activities are managed by a reputable firm that adheres to the most stringent regulatory standards of CySEC,” B2Prime CEO Nick Chrysochos added.

Final Thoughts

B2Prime has already begun accepting new clients and can link brokers to 115 Forex pairs, 22 Crypto CFD pairs, Spot Metals, Indices, and Spot Energies through the OneZero, MT5, and PrimeXM platforms. 

B2Broker’s most recent license acquisition is part of the company’s larger strategic aim to have a presence in all major jurisdictions, to become a worldwide liquidity provider. The company’s continued success and expansion are reflected in the start of commercial operations in Cyprus. It will continue to deliver some of the market’s most excellent liquidity and trading services. 

Read this next

Metaverse Gaming NFT

Despite crypto winter, Fastex grabs $23.2 million in Fasttoken token sale

Fasttoken, part of the Fastex web3 ecosystem, has secured $23.2 million in financing through the private and public token sales of its native cryptocurrency Fasttoken (FTN).

Digital Assets

Iran to repay Russian debts in gold-backed stablecoins

A high-ranking member of the Russian parliament confirmed reports that his country was in talks with Iran to create a stablecoin for foreign trade settlements, to replace the dollar, ruble and Iranian rial.

Digital Assets

SEC denies Cathie Wood’s bitcoin ETF for second time

The approval of a regulated crypto derivative is still looking far less likely, as the US regulators have once again denied Cathie Wood’s application for a long-awaited spot bitcoin exchange-traded fund (ETF).

Executive Moves

Pavel Spirin promoted to Scope Markets CEO following Rostro acquisition

Belize-based FX and CFDs brokerage Scope Markets has promoted Pavel Spirin to take on an expanded role as the company’s chief executive officer. He replaces the outgoing CEO Jacob Plattner, who has also been a major shareholder since he resigned his position as managing director at GKFX.

Retail FX

Public.com goes all-in on alternative investing, launches Rare Sneaker Portfolio

“The concept of curated Portfolios means that our members will be able to invest in categories like art, trading cards, royalties, and real estate without needing to become subject matter experts on individual assets.”

Industry News

State Street taps AWS and Microsoft for cloud and infrastructure solutions

“By standardizing and simplifying our technology operating model, we will be able to more quickly deploy client environments and launch new products and services, while continuing to enhance the resiliency of our technology environment and our business operations.”

Institutional FX

Bitpanda launches Investment-as-a-Service business for banks, fintechs, online platforms

“Financial institutions today have to ask themselves how they aim to cater the increasing demand for modern investing solutions. Building these Individually, means a high startup cost, and products that are often outdated before they are even launched.”

Institutional FX

Options expands market data feeds after partnership with Tools for Brokers

“Our integration with ACTIV Financial marked the beginning of a new era in market data availability and infrastructure. Our teams have come together to provide unparalleled, fully managed market data services alongside Options’ global connectivity and infrastructure.”

Industry News

Recruitment in financial services sector buoyant despite planned mass layoffs

“It remains to be seen what impact this will have on hiring levels within the financial services arena this quarter”, said APSCo, regarding the expected mass layoffs within the financial services sector in England & Wales.