Leverate Partners with CWM FX to Provide Brokerage Services to B2B Clients
Partnering with CWM FX to create a new Cyprus broker, Leverate will be expanding its services to B2B customers to
Expanding their list of available services to their broker and white label customers, forex technology provider Leverate, has partnered with CWM FX, a new Cypriot broker. The broker promotes itself as “operated by Leverate Financial Services Limited” and uses their CySEC regulation for onboarding customers, as well as Leverate’s Sirix trading technology.
Becoming aware of CWM FX and its apparent connection to Leverate, Forex Magnates reached out to the technology provider for more information. The firm affirmed that they had partnered with CWM FX, and that it wasn’t a clone site using another broker’s credentials, which has become prevalent recently in the industry.
Suggested articles
Why Ethereum Needs Layer 2 Solutions More Than EverGo to article >>
Join the iFX EXPO Asia and discover your gateway to the Asian Markets
As CWM FX hasn’t been publicly marketed by Leverate, at this time they were unable to provide detailed information about the partnership, other than that the broker will be providing their clients addition services related to “licensing, compliance, payment processing and risk management in addition to our platforms.” In this regard, we can infer that CWM FX may ultimately be providing onboarding services for unregulated brokers with KYC and risk handled under Leverate’s license.
Competing with it’s own clients
Competing with it’s own clients
They probably have a massive database of their customers customers. That's what you call a bait and switch. Not good for current and former leverate broker clients.
They probably have a massive database of their customers customers. That's what you call a bait and switch. Not good for current and former leverate broker clients.
http://m.vedomosti.ru/newsline/news/23489931
http://m.vedomosti.ru/newsline/news/23489931
Come on guys, get with the program. Half of the onetwotrade sales agents (that’s a lot by the way) as well as the sales manager have gone to CWM and it’s turned into a boiler room broker. IBs working from the office, promising jobs to people trading on the platform: http://www.junior-broker.com/display-job/60047/?utm_source=Indeed&utm_medium=cpc&utm_campaign=Indeed The IBs are actually employees in the same ilk as the onetwotrade monster that took over the London forex scene for the last two years. Expect the same to happen. This is very dangerous for Leverate and their reputation is at stake. CWM are flaunting Cysec rules. CWM has… Read more »
Come on guys, get with the program. Half of the onetwotrade sales agents (that’s a lot by the way) as well as the sales manager have gone to CWM and it’s turned into a boiler room broker. IBs working from the office, promising jobs to people trading on the platform: http://www.junior-broker.com/display-job/60047/?utm_source=Indeed&utm_medium=cpc&utm_campaign=Indeed The IBs are actually employees in the same ilk as the onetwotrade monster that took over the London forex scene for the last two years. Expect the same to happen. This is very dangerous for Leverate and their reputation is at stake. CWM are flaunting Cysec rules. CWM has… Read more »
sorry didn’t make clear, this is not B2B, this is B2C, plain and simple.
sorry didn’t make clear, this is not B2B, this is B2C, plain and simple.
You should change the title to “Leverate Starts Its Own Broker CWM FX to Provide…” as a company cannot partner with itself.
You should change the title to “Leverate Starts Its Own Broker CWM FX to Provide…” as a company cannot partner with itself.