Recent content by fxview

They still operate their CySEC brand, but the have begun onboarding non-EU traders to a company based in Belize. If you check out their regulation page and look at the source code which changes depending on the IP location that you are accessing the page from. The idea seems to be that if your...

It is registered with the FCA through MiFID outbound passporting, you can find the listing on the FCA register (still hosted on the old FSA site) https://www.fsa.gov.uk/register/firmRegulator.do?sid=314566 Though I have heard that at least some clients who aren't from Europe are actually...

CySEC only covers the Greek side of the Island. Turkey is outside the European Economic Area, thus MiFID regulated firms are unable to passport their services to those based in Turkey. Firms based in the Turkish part of the Island should be regulated Turkey's CMB (Capital Markets Board), with...

CySEC released a warning regard 4XP only the other week. ForexMagnates sources suggested it was due to possible cross promotion alongside other regulated brands, but I wonder if it had been due to complaints regarding the brokerage. It will be interesting to see whether any other regulatory...

CIF stands for Cyprus Investment Firm. I think what you are thinking of the Investor Compensation Scheme which all firms that are part of CySEC have to pay into, currently consumer funds are protected up to 20,000 Euros if a firm was to go bankrupt for instance. All MiFID regulating bodies must...