IMS Crypto uses the CIF license number of IMS Markets.
The latter is CySEC's authorized investment firm, the first is just a clone.
Finance Magnates
The Cyprus
Securities and Exchange Commission (CySEC) published on Thursday a new warning
regarding the activity of an unregulated cryptocurrency firm, IMS Crypto.
According to the Cypriot regulator, the entity falsely claims to possess a CySEC
trading license, using the details of the authorized company.
IMS Crypto on CySEC
Warnings List
The ims-crypto.com
website, which was placed on the warning list on 9 February 2023, falsely
claims to be run by Initial Merit Secure Ltd. which, under the IMS Crypto
brand, offers access to crypto managed investments, offering a monthly return
of 15%.
Information
on the website shows that the company is licensed by CySEC and registered as a
Cyprus Investment Firm (CIF) under license number 219/14. According to the
regulator's register, this CIF license actually belongs to Initial Merit Secure
Ltd, but the entity uses the imsmarkets.com website address. IMS Markets offers
trading to retail clients based on contracts for difference (CFDs).
"The
Cyprus Securities and Exchange Commission ('CySEC') informs the investment
public that the website below, does not belong to an entity registered to CySEC's
register as Crypto Asset Service Provider, as provided by article 61E of the
Prevention and Suppression of Money Laundering and Terrorist Financing Laws of
20071, as amended," CySEC wrote in its statement.
Website of unlicensed crypto trading firm, IMS Crypto
CySEC
reminds retail investors to always check with the regulator's registry whether the
trading company is registered as a cryptocurrency service provider or any other
financial services provider before deciding to enter into a business relationship.
Just two
weeks ago, the Cypriot regulator warned against another five unregulated CFDs
platforms, including inforexeu.com, et-fx.com, nbimarkets.com and
emporiumcapital.ltd. At the time of publishing its warning, only the inforexeu.com
website was not responding, while the others continued to encourage investment.
CySEC Revokes Two Licenes
in February
Although February
barely started, CySEC has already cancelled the authorizations of two trading
companies, F1Markets Ltd and FF Simple and Smart Trades Investment Services Ltd.
F1Markets
operated multiple trading brands, including Investous. However, according to a
notice on the F1Markets' website, the company closed its services last May. It
closed all the open positions on 19 May 2022 and asked traders to withdraw their funds.
Last week, CySEC withdrew the operational license of FF Simple and Smart Trades Investment
Services Ltd, operating at least two trading brands: TradoCenter and Toro
Inveter. As in the previous case, the withdrawal came as the company itself
decided to renounce its CIF license.
Watch the recent iFX EXPO International 2022 Opening Keynote by CySEC Chairman.
One in Three Traders Trust
Finfluencers, CySEC Study Finds
CySEC
recently published the outcomes of a survey conducted amongst retail traders
from Europe to review their decision-making process. According to the study,
31% of questioned investors rely on finance influencers (finfluencers), while
22% made investment decisions based on celebrity endorsements and digital
promotions.
"Social
media now has a direct influence on investment decisions, but not all the
information can be trusted. Too many investors, including young people, are
taking real risks with their money because they are taking advice and
recommendations from unreliable sources," a CySEC spokesperson said.
The number
of investors making decisions based on finfluencers varies by country of
residence. Investors from France were the most likely to rely on social media
(42%), followed by those from the UK (34%), while retail traders from Germany
were the least likely (24%) to take investment advice from celebrities.
The Cyprus
Securities and Exchange Commission (CySEC) published on Thursday a new warning
regarding the activity of an unregulated cryptocurrency firm, IMS Crypto.
According to the Cypriot regulator, the entity falsely claims to possess a CySEC
trading license, using the details of the authorized company.
IMS Crypto on CySEC
Warnings List
The ims-crypto.com
website, which was placed on the warning list on 9 February 2023, falsely
claims to be run by Initial Merit Secure Ltd. which, under the IMS Crypto
brand, offers access to crypto managed investments, offering a monthly return
of 15%.
Information
on the website shows that the company is licensed by CySEC and registered as a
Cyprus Investment Firm (CIF) under license number 219/14. According to the
regulator's register, this CIF license actually belongs to Initial Merit Secure
Ltd, but the entity uses the imsmarkets.com website address. IMS Markets offers
trading to retail clients based on contracts for difference (CFDs).
"The
Cyprus Securities and Exchange Commission ('CySEC') informs the investment
public that the website below, does not belong to an entity registered to CySEC's
register as Crypto Asset Service Provider, as provided by article 61E of the
Prevention and Suppression of Money Laundering and Terrorist Financing Laws of
20071, as amended," CySEC wrote in its statement.
Website of unlicensed crypto trading firm, IMS Crypto
CySEC
reminds retail investors to always check with the regulator's registry whether the
trading company is registered as a cryptocurrency service provider or any other
financial services provider before deciding to enter into a business relationship.
Just two
weeks ago, the Cypriot regulator warned against another five unregulated CFDs
platforms, including inforexeu.com, et-fx.com, nbimarkets.com and
emporiumcapital.ltd. At the time of publishing its warning, only the inforexeu.com
website was not responding, while the others continued to encourage investment.
CySEC Revokes Two Licenes
in February
Although February
barely started, CySEC has already cancelled the authorizations of two trading
companies, F1Markets Ltd and FF Simple and Smart Trades Investment Services Ltd.
F1Markets
operated multiple trading brands, including Investous. However, according to a
notice on the F1Markets' website, the company closed its services last May. It
closed all the open positions on 19 May 2022 and asked traders to withdraw their funds.
Last week, CySEC withdrew the operational license of FF Simple and Smart Trades Investment
Services Ltd, operating at least two trading brands: TradoCenter and Toro
Inveter. As in the previous case, the withdrawal came as the company itself
decided to renounce its CIF license.
Watch the recent iFX EXPO International 2022 Opening Keynote by CySEC Chairman.
One in Three Traders Trust
Finfluencers, CySEC Study Finds
CySEC
recently published the outcomes of a survey conducted amongst retail traders
from Europe to review their decision-making process. According to the study,
31% of questioned investors rely on finance influencers (finfluencers), while
22% made investment decisions based on celebrity endorsements and digital
promotions.
"Social
media now has a direct influence on investment decisions, but not all the
information can be trusted. Too many investors, including young people, are
taking real risks with their money because they are taking advice and
recommendations from unreliable sources," a CySEC spokesperson said.
The number
of investors making decisions based on finfluencers varies by country of
residence. Investors from France were the most likely to rely on social media
(42%), followed by those from the UK (34%), while retail traders from Germany
were the least likely (24%) to take investment advice from celebrities.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
CFD Broker RA Prime Joins Financial Commission for Dispute Resolution Support
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
