Exclusive: AFX Markets In Discussion to Buy MEX Europe Client Book

[kreslik.news]

FCA-regulated company MEX Europe has applied for the cancellation of its license and is no longer accepting new clients. The company owned by Marcus Cumberland has transferred existing clients to AFX Markets Limited, the FCA-regulated subsidiary of AFX Group.

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The news comes after MEX Europe and MEX Group have parted ways last year as the latter sought alternative partnerships to operate on the European market. The size of the deal has not been disclosed.

In its latest UK Companies House filing, the firm reported a turnover ... (read more)