CySEC Suspends CIF Licenses of Maxigrid and Maxiflex
The CySEC announced that it suspended the CIF license of Maxiflex Ltd, operator of EuropeFX, and Maxigrid Ltd, operator of Agm Markets.
Source: financemagnates.com
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CySEC Suspends CIF Licenses of Maxigrid and Maxiflex
The CySEC announced that it suspended the CIF license of Maxiflex Ltd, operator of EuropeFX, and Maxigrid Ltd, operator of Agm Markets.
Source: financemagnates.com
Analysis: Why don't regulators care about conflicts of interest in FX?
December 10, 2020 2:12 pm UTC, Andrew Saks CySec last week issued a fine and marked one of the reasons down as conflicts of interest, but did not elaborate. We expose the incestuous web of deceit that surrounds the FX firm in question. It is time regulators did their investigations more thoroughly FX industry experts have all seen it many times. The dubious practice in which companies whose core business activity is providing services, be they liquidity, brokerage solutions or market integration services to retail FX brokers and then open a retail FX brokerage with an MetaTrader 4 off-the-she...
Source: financefeeds.com