Clients may still qualify for compensation for past investments under certain conditions.
AMP Global Clearing LLC is still registered as a Futures Commission Merchant.
CySEC
The Cyprus Securities and Exchange Commission (CySEC) has
announced the removal of AMP Global Ltd's membership from the Investors
Compensation Fund (ICF).
ICF Membership Removed, Compensation Available
This decision follows the company's withdrawal of its Cyprus
Investment Firm (CIF) authorizations. Despite the removal from the ICF, clients
who were covered by the fund may still be eligible for compensation for
investment activities conducted before the withdrawal, provided they meet the
conditions outlined in CySEC's Directive DI87-07.
The withdrawal does not prevent compensation procedures from
being initiated for affected clients.
Source: CySEC
AMP Global Suspends European Operations
Earlier, Finance
Magnates reported that AMP Global, a US-based FX/CFD broker, appears to
have suspended its European operations, previously conducted through AMP Global
Ltd.
The
company announced it is relinquishing its license from the CySEC. CySEC
confirmed the withdrawal of AMP Global’s Cyprus Investment Firm (CIF)
authorization. AMP Global, regulated by CySEC since 2018, was authorized to
operate in Europe under this license. In the US, AMP Global Clearing LLC remains registered as a
Futures Commission Merchant.
Source: CySEC
“We would like to inform you that AMP Global Ltd hereby
notifies you that it is in the process of voluntarily renouncing its CIF
License with authorization number 360/18,” stated the official broker's
website.
“Therefore, the Company will no longer accept any new
clients and/or the opening of any new accounts while it has terminated all its
existing clients and informed them about the procedure that should be followed
for their funds return and filing any complaints,” it continued.
According to UKNF’s
position, dated October 2023, clients of investment firms or unregulated
intermediaries are prohibited from engaging in individualized client
acquisition activities through such programmes, as reported by Finance
Magnates.
CySEC highlighted in its release that “the UKNF
Position forbids clients of an investment firm or unregulated intermediaries
from undertaking, under referral programmes or affiliate programmes,
individualized actions to acquire clients or potential clients of investment
services.”
The Cyprus Securities and Exchange Commission (CySEC) has
announced the removal of AMP Global Ltd's membership from the Investors
Compensation Fund (ICF).
ICF Membership Removed, Compensation Available
This decision follows the company's withdrawal of its Cyprus
Investment Firm (CIF) authorizations. Despite the removal from the ICF, clients
who were covered by the fund may still be eligible for compensation for
investment activities conducted before the withdrawal, provided they meet the
conditions outlined in CySEC's Directive DI87-07.
The withdrawal does not prevent compensation procedures from
being initiated for affected clients.
Source: CySEC
AMP Global Suspends European Operations
Earlier, Finance
Magnates reported that AMP Global, a US-based FX/CFD broker, appears to
have suspended its European operations, previously conducted through AMP Global
Ltd.
The
company announced it is relinquishing its license from the CySEC. CySEC
confirmed the withdrawal of AMP Global’s Cyprus Investment Firm (CIF)
authorization. AMP Global, regulated by CySEC since 2018, was authorized to
operate in Europe under this license. In the US, AMP Global Clearing LLC remains registered as a
Futures Commission Merchant.
Source: CySEC
“We would like to inform you that AMP Global Ltd hereby
notifies you that it is in the process of voluntarily renouncing its CIF
License with authorization number 360/18,” stated the official broker's
website.
“Therefore, the Company will no longer accept any new
clients and/or the opening of any new accounts while it has terminated all its
existing clients and informed them about the procedure that should be followed
for their funds return and filing any complaints,” it continued.
According to UKNF’s
position, dated October 2023, clients of investment firms or unregulated
intermediaries are prohibited from engaging in individualized client
acquisition activities through such programmes, as reported by Finance
Magnates.
CySEC highlighted in its release that “the UKNF
Position forbids clients of an investment firm or unregulated intermediaries
from undertaking, under referral programmes or affiliate programmes,
individualized actions to acquire clients or potential clients of investment
services.”
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Webull Spent Big to Hit Record Revenue, and the Bill Is in the Fine Print
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
