Exclusive: Tixee Appears to Close Shop

Monday, 27/03/2023 | 12:12 GMT by Arnab Shome
  • The FX/CFDs broker suspended new registrations.
  • Finance Magnates could not reach its '24/5 available' customer support.
Tixee

Tixee, a forex and contracts for differences (CFDs) broker operating in the EU and globally, has quietly shuttered services, Finance Magnates learned from an industry source.

Tixee Goes Dark

The broker operates with licenses from the regulators in Cyprus and Seychelles. GVD Korimcy Ltd operates Tixee under the Cypriot license, and Pipbull Limited is the Seychelles-registered entity.

The two licenses allow Tixee to operate in a broad market. It passports the Cypriot license to offer trading services across the European Economic Area (EEA), while with the Seychelles licenses, it can onboard clients from global markets without specific FX/CFDs trading regulations.

Exclusive: Tixee Appears to Close Shop

Tixee websites, tixee.eu for EU and tixee.com globally, suspended registration without providing any details. At the time of writing, the EU website is noting that “registration at the moment is not possible,” while the Seychelles-regulated platform is displaying, “temporarily new registrations are unavailable.”

Finance Magnates tried contacting the customer support of Cypriot and Seychelles entities operating Tixee. However, they are not responsive either on live chat or by phone, despite the claims of 24/5 customer support. In addition, Finance Magnates tried to reach out to Tixee executives and will update this story with their official response.

Tixee registration page

Tixee Inked Multiple Partnership Deals Recently

Tixee offers retail trading services with currency pairs and contracts for differences of other popular asset classes. According to the Seychelles-registered website, Tixee has more than 155,000 registered clients from over 115 countries. However, the EU website does not show any such numbers.

The broker inked a sports deal last August, becoming one of the official sponsors of Apollon Limassol FC for the playing seasons 2022 until 2024. The Cypriot football club still lists Tixee as one of its sponsors on its official website.

Meanwhile, Tixee streamlined its service recently by adding Match-Prime as one of its liquidity providers. Furthermore, most recently, Todor Georgiev departed from Tixee to join FXGlobe. He joined Tixee in mid-2021 as the Head of Legal and Compliance and parted as the Chief Operating Officer.

Tixee, a forex and contracts for differences (CFDs) broker operating in the EU and globally, has quietly shuttered services, Finance Magnates learned from an industry source.

Tixee Goes Dark

The broker operates with licenses from the regulators in Cyprus and Seychelles. GVD Korimcy Ltd operates Tixee under the Cypriot license, and Pipbull Limited is the Seychelles-registered entity.

The two licenses allow Tixee to operate in a broad market. It passports the Cypriot license to offer trading services across the European Economic Area (EEA), while with the Seychelles licenses, it can onboard clients from global markets without specific FX/CFDs trading regulations.

Exclusive: Tixee Appears to Close Shop

Tixee websites, tixee.eu for EU and tixee.com globally, suspended registration without providing any details. At the time of writing, the EU website is noting that “registration at the moment is not possible,” while the Seychelles-regulated platform is displaying, “temporarily new registrations are unavailable.”

Finance Magnates tried contacting the customer support of Cypriot and Seychelles entities operating Tixee. However, they are not responsive either on live chat or by phone, despite the claims of 24/5 customer support. In addition, Finance Magnates tried to reach out to Tixee executives and will update this story with their official response.

Tixee registration page

Tixee Inked Multiple Partnership Deals Recently

Tixee offers retail trading services with currency pairs and contracts for differences of other popular asset classes. According to the Seychelles-registered website, Tixee has more than 155,000 registered clients from over 115 countries. However, the EU website does not show any such numbers.

The broker inked a sports deal last August, becoming one of the official sponsors of Apollon Limassol FC for the playing seasons 2022 until 2024. The Cypriot football club still lists Tixee as one of its sponsors on its official website.

Meanwhile, Tixee streamlined its service recently by adding Match-Prime as one of its liquidity providers. Furthermore, most recently, Todor Georgiev departed from Tixee to join FXGlobe. He joined Tixee in mid-2021 as the Head of Legal and Compliance and parted as the Chief Operating Officer.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6368 Articles
  • 80 Followers

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