Before this the broker was already licensed by the authorities of Mauritius and New Zealand, as common with firms focusing on the Asian market, but now it can also service European clients via MiFID passporting.
FXPRIMUS, the Mauritius-based FX/CFD broker, announced today that its European entity, FX Primus Europe (CY) Ltd. has been granted a CySEC Investment Firm (CIF) License from the Cyprus Securities & Exchange Commission.
FXPRIMUS is now able to provide assurance to its customers that they are trading with an EU regulated broker that complies with MiFID directives. Before this the broker was already licensed by the authorities of Mauritius and New Zealand, as common with firms focusing on the Asian market, but the new Cyprus arm will allow it to service European clients via MiFID passporting.
Terry Thompson, President of FXPRIMUS, commented on the development, “This is quite a big step for FXPRIMUS in terms of meeting some of our primary goals for 2015 and beyond. It gives us greater access to the European market. While we’ve established quite a footprint in Asia, we recognize the importance of having more of a global reach, and a European license puts us in a better position to accomplish this. Additionally, in our relentless pursuit to affirm our commitment to being the “Safest Place to Trade,” we welcome the opportunity of being governed across multiple jurisdictions.”
Thompson expanded about working with the Cyprus watchdog: “The process in obtaining a CIF license is quite extensive, but a process we were more than happy in committing to. We look forward to working with CySEC and are appreciative of the issuance of the license."
FXPRIMUS says it intends to open an office in Cyprus and become fully operational in early Q1, 2015.
FXPRIMUS, the Mauritius-based FX/CFD broker, announced today that its European entity, FX Primus Europe (CY) Ltd. has been granted a CySEC Investment Firm (CIF) License from the Cyprus Securities & Exchange Commission.
FXPRIMUS is now able to provide assurance to its customers that they are trading with an EU regulated broker that complies with MiFID directives. Before this the broker was already licensed by the authorities of Mauritius and New Zealand, as common with firms focusing on the Asian market, but the new Cyprus arm will allow it to service European clients via MiFID passporting.
Terry Thompson, President of FXPRIMUS, commented on the development, “This is quite a big step for FXPRIMUS in terms of meeting some of our primary goals for 2015 and beyond. It gives us greater access to the European market. While we’ve established quite a footprint in Asia, we recognize the importance of having more of a global reach, and a European license puts us in a better position to accomplish this. Additionally, in our relentless pursuit to affirm our commitment to being the “Safest Place to Trade,” we welcome the opportunity of being governed across multiple jurisdictions.”
Thompson expanded about working with the Cyprus watchdog: “The process in obtaining a CIF license is quite extensive, but a process we were more than happy in committing to. We look forward to working with CySEC and are appreciative of the issuance of the license."
Marex Reports Strong Full Year and Quarterly Results: Revenue Jumps 75%
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa