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Speaking to Finance Magnates, the CEO of forex and CFDs brokerage LegacyFX, Mariano Obludzyner, confirmed that the brokerage’s operations have been suspended as of today. The company has been established back in December 2015 with the support of Leverate’s shareholders.
The firm was to be operating independently from its technology provider and was to provide diversification of revenue streams for the owners of shares in both companies.
The shareholders of Leverate have reconsidered their decision to run an FX brokerage using the proprietary technology developed by the forex and CFDs trading technology firm after the unveiling of the project ... (read more)