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Regulation

CySEC Revokes €50,000 Fine of CommexFX Executive

  • The Cypriot regulator has also lifted the five-year ban that it applied on June 8, 2017.
by Finance Magnates Staff
Brokers

CySEC Fines CommexFX Executives, Refers Case to Attorney General

  • Individuals connected to CommexFX have been fined €400,000 by the Cypriot regulator.
by Victor Golovtchenko
Brokers

CySEC Outlines Investor Compensation Scheme for CommexFX Clients

  • CommexFX clients have been given detailed instructions on how to apply to the Investor Compensation Fund.
by Jeff Patterson
Brokers

CommexFX Clients to Tap Investor Compensation Scheme after 2 Years of Waiting

  • The license of the company was withdrawn in July 2016 after a year of withdrawal delays that started in 2015.
by Victor Golovtchenko
Brokers

CommexFX’s CIF License Withdrawn Following String of Suspensions, Fines

  • Following a lengthy suspension, CySEC has rescinded the CIF license of CommexFX.
by Jeff Patterson
Products

FXPRIMUS Joins Client Funds Safety Enhancement Race

  • The company struck a partnership with an independent consultancy in Cyprus to oversee all client fund processes
by Victor Golovtchenko
Brokers

Exclusive: The Murky Unfoldings Behind CommexFX's €100,000 Fine

  • The brokerage has not been paying out deposits to clients for a number of months after allegedly bumping into operational issues
by Victor Golovtchenko
Regulation

CommexFX and Director Fined for Misleading Cyprus Regulators

  • After suspending the license of CommexFX, CySEC reveals that it has fined the firm €100,000 and Abdel Rahman El Amary €30,000.
by Avi Mizrahi
Regulation

CommexFX's License Suspended for Endangering Clients’ Interests

  • CySEC has given CommexFX Ltd fifteen day to take actions in order to comply with the Directive, ‘Safeguarding of clients’ funds’
by Avi Mizrahi
Brokers

Get Out! CySEC Bans FX Firms From Accepting Non-EU Clients

  • Cyprus today finds itself amid further controversy as its regulator sets an immediate ruling in place to prohibit the soliciting of non-EU clients without authorization. Forex Magnates provides a look from within.
by Andrew Saks McLeod
Analysis

Web 2.0 Strikes! Forex Contest Cancelled

by Ron Finberg
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