CySEC-regulated broker 3angleFX fined €50,000

Rick Steves

CySEC found that Triangleview failed to comply with the jurisdiction’s regulation regarding the protection of clients’ funds.

The Cyprus Securities and Exchange Commission, the country’s financial watchdog and one of the leading regulators providing an EU passport to FX and CFD brokers across the globe, has fined Triangleview Investments Ltd.

Triangleview Investments Ltd, which holds a CIF license with CySEC, offers access to CFD trading covering FX, Stocks, Commodities, Indices, and Cryptos via MetaTrader 5 and cTrader through three websites:,, and

€50,000 fine for issues with the protection of clients’ funds

CySEC found that, between the period December 2021 and February 2022, the company failed to comply with the jurisdiction’s regulation regarding the protection of clients’ funds.

Triangleview reached a settlement with CySEC for the amount of €50.000, which is considered revenue of the Treasury of the Republic and does not constitute income of CySEC.

According to the license it holds regarding ancillary services, the company may provide the following ancillary services:

1. Safekeeping and administration of financial instruments, including custodianship and related services.

2. Granting credits or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction Foreign exchange services where these are connected to the provision of investment services.

3. Foreign exchange services in connection with the provision of investment services.

As to investment services, Triangleview is authorized to provide the following investment services:

1. Reception and transmission of orders in relation to one or more financial instruments

2. Execution of orders on behalf of clients



Read this next

Institutional FX

FXSpotStream volumes hit 14-month high in November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2023, which moved higher on a monthly basis.

Digital Assets

Circle denies ties with Palestinian groups, TRON founder

Stablecoin issuer Circle has denied allegations that it facilitates funding for terrorist organizations.

Retail FX

CySEC hits operator of Titanedge, TradeEU with €90,000 fine

The Cyprus Securities and Exchange Commission (CySEC) announced that it has imposed a fine of €90,000 on Titanedge Securities Ltd due to shortcomings in their regulatory obligations.

Institutional FX

Cboe FX volumes retreats slightly in November 2023

Cboe’s institutional spot FX platform today announced its trading volume for the month ending November 2023, which took a step back after a strong rebound in October.

Institutional FX

Alpha Group seals Cobase majority acquisition

Foreign exchange service provider Alpha Group International plc (AIM: ALPH) has finalized its acquisition of Financial Transaction Services, operating as Cobase.

Digital Assets

TMNG Tokens Successfully Listed on MEXC Crypto Exchange

TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1st, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space.

Institutional FX

Marex completes acquisition of TD Cowen’s PB business

London-headquartered commodities broker Marex has completed the acquisition of TD Cowen’s prime brokerage and outsourced trading business, which will be integrated into Marex’s capital market division. This division was established following the acquisition of ED&F Man Capital Markets in 2022.

Digital Assets

Talos introduces decentralized liquidity and onchain settlement with Uniswap and Fireblocks

“At the cornerstone of the DeFi ecosystem, Uniswap has the breadth of assets and depth of liquidity that institutional traders need. And to have this partnership powered by Fireblocks, a digital assets infrastructure provider trusted by some of the most renowned institutions, is very fitting.”

Digital Assets

FINMA-regulated crypto bank SEBA Bank rebrands to AMINA

“As we look forward to 2024, our ambition is to accelerate the growth of our strategic hubs in Switzerland, Hong Kong, and Abu Dhabi, and to continue our global expansion, building on all the successes we have laid down over the past years.”