Hello Markets Obtains a CIF License from CySEC

According to information obtained by Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates' reporters, the latest binary options platform to hold a Cyprus Investment Firm license with the Cyrus Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term) is Hello Markets.

The firm applied for licensing earlier this year through its Cyprus incorporated subsidiary, 1 Financial Rod LTD, and received authorization earlier this year. As it turns out, the company has been one of the many clients of Map S Platis - a Cyprus-based consultancy behind the successful applications of half of the 22 licenses issued by CySEC between May and October this year.

Last month, social trading platform Myfxbook announced that it had obtained CySEC regulation. The license which the company obtained from the Cypriot financial regulator included “portfolio management” and “reception and transmission of orders,” which are both prerequisites for the firm to be able to provide its social trading services.

Recently, Plus500 also obtained a CySEC license, further carving out its solid regulatory status and bridging the gap between its existing FCA and ASIC authorizations.