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.
Cyprus Regulator's New Survey Wants to Show How Finance Fuels the Island’s Economy
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 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
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 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
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
