Latest CySEC-Regulated Retail FX Broker to Launch: UGL Exchange

[kreslik.news]

A new Cyprus-based Retail FX broker is planning to lauch its operations this month under the brand name of ‘UGL Exchange’. The new brokerage is an investment firm licensed and regulated by the Cyprus ‎Securities and Exchange Commission (CySEC), and specializes in providing foreign ‎exchange currency trading. ‎

One thing is certain, succeeding as a Cypriot retail forex broker in 2018 and beyond is no easy task any more. Just yesterday, CySEC has confirmed that the application of ESMA’s new limitaions are not limited to clients who are based within the EEA. Demetra Kalogerou, Chairwoman of the Cypriot regulator, ... (read more)