B2Broker Group, which is a prominent liquidity provider in the forex and crypto trading industry, has secured a license from the Financial Services Commission (FSC) Mauritius, Finance Magnates learned exclusively.
The new license was awarded to B2B Prime Services Limited, a locally formed subsidiary of the group. It will allow the company to act as an intermediary in the execution of securities transactions for clients.
Additionally, the company has detailed that it will use the new license to operate as a Prime of Prime (PoP) Multi-Asset Liquidity Provider, focusing on institutional and professional clients. It is optimistic that the license will broaden its horizon and help it to secure more global businesses.
A Global Company
Headquartered in Moscow, B2Broker provides technology and liquidity to forex and crypto brokers, exchanges and other financial institutions. With the new license, the group now has seven regulatory licenses in various jurisdictions.
The group even launched a new regulated subsidiary in Cyprus last month to expand its offering to the regulated financial services companies on the island.
“We are pleased to have added another prestigious license to our growing portfolio. The license ensures the reliability and transparency of all operations in accordance with the strict supervision of the FSC and adds further credibility to us as a leading global fintech player,” said Arthur Azizov, the Founder and CEO of B2Broker Group.
“Industry regulation is undoubtedly the best way to achieve total legitimization of the Forex and financial services industry, and our latest license acquisition means that even more clients across the world will be able to benefit from the highest level of protection offered by one of the world’s leading multi-regulated technology and liquidity providers,” Azizov added.
