Brokers News 

FxNet Pays €60,000 to Settle Multiple Violations with CySEC

“The broker operates under the umbrella of its parent entity BelFX, which is licensed by the International Financial Services Commission (IFSC)” writes Aziz Abdel-qader for London Summit 2019 Launches the Latest Era in FX and Fintech – Join Now FxNet is an STP broker headquartered in Limassol, with some clients in Eastern Europe.CySEC has further explained that the financial penalty was also imposed for non-compliance with Article 36(1) (a) of the law, relating to conduct of business obligations when providing investment and ancillary services to clients.

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