BVI Grants easyMarkets Fourth Operating License

BVI Grants easyMarkets Fourth Operating License

easyMarketsHigh CFD and Foreign exchange dealer easyMarkets introduced Thursday that it was granted an working license by the monetary market regulator of the British Virgin Islands. The regulator, who issued the licensure for easyMarkets’ domestically included subsidiary EF Worldwide Ltd, is the fourth regulatory physique to grant an working license to the dealer after the Cyprus Securities and Change Fee (CySEC), the Australian Securities and Investments Fee (ASIC) and the Seychelles Monetary Companies Authority, issued final yr.

This new license expands easyMarkets’ attain even additional, and the dealer seems to be on a path of unstoppable development to supply merchants throughout the globe a aggressive buying and selling setting.

“At easyMarkets, we at all times attempt to discover methods to present our purchasers an distinctive buying and selling expertise,” stated easyMarkets Chief Monetary Officer Koula Lamprou. “Oversight, regulation and safety are indivisible components of that. Our new BVI license provides to our already sturdy record of licenses that embrace European oversight by ESMA and CySEC, Australian ASIC license for our APAC-based actions and FSA license for international/worldwide purchasers.”

Whereas easyMarkets has been round since 2001, making it one of many business’s older brokers, it has develop into a trailblazer within the international FinTech neighborhood by way of its agile strategy and by rapidly adapting to market adjustments. Certainly, in 2017, easyMarkets was among the many first brokers to supply cryptocurrency CFDs, pulling forward of its rivals.

“Now we have been working uninterrupted within the buying and selling business for 20 years, and one in every of our missions has at all times been to develop our regulatory framework which higher serves our purchasers,” Lamprou added.

EasyMarkets affords buying and selling in Foreign exchange and CFDs, with over 200 belongings throughout six funding lessons. These embrace cryptocurrencies, fairness CFDs, index CFDs, Foreign exchange, metals and commodities. EasyMarkets’ CySEC-regulated subsidiary in Cyprus not too long ago added many US and European inventory CFDs to its plethora of choices.

As a part of its enlargement into European markets, easyMarkets made business headlines late final yr when it partnered with Actual Madrid CF, turning into the world-renowned soccer workforce’s official companion.

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