CySEC-Regulated Arm of CFI Financial Group Opens New London Branch

The Cyprus-based subsidiary of CFI Financial Group Holding, which operates under the brand Credit Financier Invest (CFI) Ltd (formerly CFI Markets), is opening a new branch in the City of London. A company representative told Finance Magnates the new office would work under the CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term license and that they “are now registering the branch in the Company’s House and are looking for offices in London.”

The CFI team in the UK is now also ready to cater to clients from the UK as well as the European region, he added.

Having a new office in London opens up an entirely new sales center in Europe. Under the current arrangement, Cyprus brokers can passport their CIF license to other EU member states.

Setting up a branch in the UK was in the pipeline for some time now. CFI Financial Group has recently continued to expand its operations in the Middle East, culminating most recently in financial services licenses for its subsidiaries in Jordan and Dubai.

Last year, CFI dedicated to strengthening its corporate governance as the company highlighted that the expansion was focused on creating sustainable, profitable businesses.

A multi-regulated broker

With the opening of the UK branch, CFI is currently licensed and regulated to operate its Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs business in London, Beirut, Larnaca, Dubai, and Amman.

Credit Financier Invest is also registered at the Register of Commerce of Beirut and regulated by the Central Bank of Lebanon to provide several services with an emphasis on financial brokerages. CFI Group’s solutions encompass wealth management, portfolio advisory, treasury bonds, commodities and futures, stocks and ETFs, forex, online trading, credit facilities and fiduciary deposits.

In a joint statement, CFI Group Holding’s Founders and Managing Directors, Eduardo Fakhoury and Hisham Mansour, said: “We are thrilled to announce today another important step in our expansion plan. London is the main hub for CFD’s and FX trading worldwide and as a leading group, it is paramount for us to be present among the top firms worldwide. By setting offices in London, we will be in the heart of the global FX and CFD’s business, closer to our UK clients and, resources and latest technologies. A branch in London is also another evidence of our continued Global expansion.”