The Cypriot broker XTrade Europe Ltd., also operating under the XTrade.com brand, XForex.com was punished by the local supervision with a "partial" license suspension. For what reason?

The Cypriot company XFR Financial Ltd., which owns the well-known XTrade brand, has been fined by the local institution supervising the financial market in the amount of 225 000 EUR. The penalty was imposed primarily with [...]