Limassol is King of Forex

Forex and Fintech companies established in Limassol over the past few decades have no plans of leaving, as they remain highly enthusiastic about the opportunities presented by the vibrant city. Limassol has

Cyprus forex needs clean sweep

The Cyprus forex industry is going through another round of soul-searching in response to recent investigations by Israeli authorities and the FBI into fraudulent trading methods. Already, the financial regulator and watchdog

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Cyprus forex shaken by trading fraud

Cyprus’ forex industry has been rattled by €15 mln trading fraud, forcing two Limassol-based firms out of business, while more than 2,000 people employed have lost their jobs in recent weeks. Industry

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Hefty fine for Cyprus forex firm welcomed

The Cyprus Securities and Exchange Commission’s (CySEC) hefty fine of a forex firm for not complying with financial regulations has been welcomed by the industry as showing the regulator has teeth. The

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