Leverate Partners with CWM FX to Provide Brokerage Services to B2B Clients

Expanding their list of available services to their broker and white label customers, forex technology provider Leverate, has partnered with CWM FX, a new Cypriot broker. The broker promotes itself as “operated by Leverate Financial Services Limited” and uses their 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 regulation for onboarding customers, as well as Leverate’s Sirix trading technology.

Becoming aware of CWM FX and its apparent connection to Leverate, Forex Magnates reached out to the technology provider for more information. The firm affirmed that they had partnered with CWM FX, and that it wasn’t a clone site using another broker’s credentials, which has become prevalent recently in the industry.

As CWM FX hasn’t been publicly marketed by Leverate, at this time they were unable to provide detailed information about the partnership, other than that the broker will be providing their clients addition services related to “licensing, compliance, payment processing and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term in addition to our platforms." In this regard, we can infer that CWM FX may ultimately be providing onboarding services for unregulated brokers with KYC and risk handled under Leverate's license.