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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.
Thursday, 20/07/2017 | 18:58 GMT 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.
Thursday, 08/06/2017 | 14:29 GMT 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.
Monday, 15/05/2017 | 09:12 GMT 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  • The license of the company was withdrawn in July 2016 after a year of withdrawal delays that started in 2015.
Thursday, 04/05/2017 | 16:06 GMT 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CommexFX’s CIF License Withdrawn Following String of Suspensions, Fines

  • Following a lengthy suspension, CySEC has rescinded the CIF license of CommexFX.
Thursday, 06/04/2017 | 09:23 GMT 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
Friday, 10/07/2015 | 21:01 GMT 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
Tuesday, 07/07/2015 | 14:44 GMT 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.
Monday, 06/07/2015 | 10:47 GMT 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’
Friday, 12/06/2015 | 11:23 GMT 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.
Thursday, 01/08/2013 | 14:09 GMT by Andrew Saks McLeod
Analysis

Web 2.0 Strikes! Forex Contest Cancelled

Monday, 06/08/2012 | 14:58 GMT by Ron Finberg
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