CySEC wants to limit the leverage to 1:20… and to 1:50
Cypriot financial supervision, CySEC, announced the start of a public consultation. The subject of talks is to be the idea of introducing product restrictions on the Forex market, similar to those that are "temporarily" on [...]
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24 March 2019
Injured customers of the ACFX broker will receive a refund from CySEC
Cypriot financial supervision, CySEC, announced the launch of a procedure to pay financial compensation to clients of the bankrupt ACFX broker (Atlas Capital). The maximum payout amount for one [...]
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August 2 2018
Owner of the ForexMart and InstaForex brands fined 130 000 EUR
Instant Trading EU Ltd, the parent company that owns brands such as ForexMart (forexmart.com), InstaForex (instaforex.eu) and InvestCity (investcity.com), has been fined by the Cypriot financial regulator [...]
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19 February 2018
Cypriot brokers with new duties from CySEC
Cypriot financial supervision, CySEC, has recently published a document entitled 'Provision of investment and additional services and / or investment activities in a third country'. This is a set of rules, [...]