The license grants WeTrade the ability to operate legally across the European Union under EU passporting rights.
WeTrade also holds a regulatory license from the Financial Services Authority of Saint Vincent and the Grenadines.
The Cyprus Securities and Exchange
Commission (CySEC) has granted WeTrade, a Cyprus-based financial brokerage firm, a regulatory license. According to the company's announcement, the approval provides leeway to operate under EU passporting rights.
“WeTrade International CY Ltd, a proud part of
WeTrade Group, is now licensed by the Cyprus Securities and Exchange Commission
(CySEC),” the company mentioned on LinkedIn. “With Cyprus as our strategic hub, we’re ready to
enhance our services across the EU and build even greater trust with our global
trading community.”
Regulatory Green Light from Cyprus
WeTrade International CY Ltd, part of the wider WeTrade Group, has secured a licence from the CySEC, effective under licence number 453/25. The CySEC licence reportedly gives WeTrade the
authority to offer its trading services legally across the European Union.
According to the firm, the licence will also support
the enhancement of its product offerings and client services. This includes
improving its trading infrastructure and forging new partnerships within the EU
market.
The Cypriot regulator confirmed the approval on its website,
noting the company’s official address as Agias Fylaxeos & Zinonos Rossidi
2, 2nd Floor, 3082, Limassol, Cyprus. The license was issued today (Thursday),
under #453/25.
Source: CySEC
CySEC Tightens Oversight
Even as the CySEC issues the new license to WeTrade, the
watchdog has tightened its oversight on companies operating in the region.
Recently, it issued a caution to the public about nine websites operating
without proper license to provide investment services under Cypriot financial
regulations.
Around the same time, the regulator announced that it reached a 200,000 settlement with Colmex Pro over possible violations related
to authorization, client protection, and CFD regulations. The regulator cited
violations across multiple areas, including CIF authorization requirements,
organizational standards, conflict of interest management, and client
information disclosures, FinanceMagnates.com reported.
Notably, last year, CySEC carried out over 850 inspections,
imposed €2.76 million in penalties, and canceled several operating permits.
With the implementation of the new EU regulations, the watchdog is intensifying
its compliance monitoring to protect investors better and ensure financial
market stability.
The Cyprus Securities and Exchange
Commission (CySEC) has granted WeTrade, a Cyprus-based financial brokerage firm, a regulatory license. According to the company's announcement, the approval provides leeway to operate under EU passporting rights.
“WeTrade International CY Ltd, a proud part of
WeTrade Group, is now licensed by the Cyprus Securities and Exchange Commission
(CySEC),” the company mentioned on LinkedIn. “With Cyprus as our strategic hub, we’re ready to
enhance our services across the EU and build even greater trust with our global
trading community.”
Regulatory Green Light from Cyprus
WeTrade International CY Ltd, part of the wider WeTrade Group, has secured a licence from the CySEC, effective under licence number 453/25. The CySEC licence reportedly gives WeTrade the
authority to offer its trading services legally across the European Union.
According to the firm, the licence will also support
the enhancement of its product offerings and client services. This includes
improving its trading infrastructure and forging new partnerships within the EU
market.
The Cypriot regulator confirmed the approval on its website,
noting the company’s official address as Agias Fylaxeos & Zinonos Rossidi
2, 2nd Floor, 3082, Limassol, Cyprus. The license was issued today (Thursday),
under #453/25.
Source: CySEC
CySEC Tightens Oversight
Even as the CySEC issues the new license to WeTrade, the
watchdog has tightened its oversight on companies operating in the region.
Recently, it issued a caution to the public about nine websites operating
without proper license to provide investment services under Cypriot financial
regulations.
Around the same time, the regulator announced that it reached a 200,000 settlement with Colmex Pro over possible violations related
to authorization, client protection, and CFD regulations. The regulator cited
violations across multiple areas, including CIF authorization requirements,
organizational standards, conflict of interest management, and client
information disclosures, FinanceMagnates.com reported.
Notably, last year, CySEC carried out over 850 inspections,
imposed €2.76 million in penalties, and canceled several operating permits.
With the implementation of the new EU regulations, the watchdog is intensifying
its compliance monitoring to protect investors better and ensure financial
market stability.
73% of Young Investors Say Traditional Wealth Building Is Broken – Here’s How They Trade Instead
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
