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Abstract:The Group announced the appointment of Hesham Hasanin as CEO of its Cypriot subsidiary. The CySEC license is the company's 8th regulatory license.
Equiti Group, a provider of online trading technology and multi-asset financial products, has received a regulatory license from the Cyprus Securities and Exchange Commission (CySEC)
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
CySEC granted the license to Cypriot subsidiary, Equiti Global Markets Limited, to operate in Europe, the Group announced on Wednesday
Equiti Group also announced the appointment of Hesham Hasanin, the CEO of EGMLabs in Cyprus as the CEO of Equiti Global Markets Limited.
Hasanin was previously the Global Head of Trading Solutions for Equiti Group.
The new license is an addition to Equiti Groups existing seven regulatory licenses in the United Kingdom, Kenya, United Arab Emirates (UAE), Armenia, Jordan and the Seychelles.
The licensing comes six months after the Group received an over-the-counter derivatives and foreign exchange spot market license from the UAE Securities and Commodities Authority (SCA), thus helping to strengthen its presence in the Middle East.
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Malaysia has seen a persistent rise in money game schemes, luring thousands of unsuspecting investors with promises of high returns and minimal risk. These schemes operate under various disguises, from investment clubs to digital asset platforms, yet they all follow the same fundamental principle—new investors fund the profits of earlier participants. Once the cycle collapses, the majority are left with devastating losses. Despite repeated warnings and high-profile cases, many Malaysians continue to fall victim. What drives this phenomenon?
Launched in 2008, Axi (formerly Axitrader), is an Australia-registered online forex broker that has gained solid development these years. Globally and heavily regulated, the Axi brand has several entities operating under different jurisdictions, including ASIC in Australia, FCA in the UK, CYSEC in Cyprus, FMA in New Zealand, and DFSA in the United Arab Emirates. Axi gives investors the opportunity to enter some popular markets with small budgets, including Forex, Metals, Indices, Commodities, Cryptocurrency, particularly IPOs, using its advanced software—the Axi Trading platform (newly launched), Copy Trading App, MT4, MT4 Webtrader . With no cost during account setup, traders can choose from 3 tailored live accounts in addition to a demo account. Among many forex brokers, Axi stands out due to its user-friendly interface, which allows for quick and simple account opening and withdrawals.
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