CySEC Withdraws Itrade Global's Licence 2 Years After It Shut Down CFDs Broker

CySEC Revokes Itrade License After Governance Failures And Spain Agent Breach - FinanceFeeds

The Cyprus Securities and Exchange Commission (CySEC) has fully revoked the investment license of Itrade Global (Cy) Ltd, the company behind retail FX brands InvestFW, TradeFW, and Tradedwell, following a series of regulatory violations tied to both its leadership and an appointed agent in Spain. The decision cited serious lapses in corporate governance and oversight. CySEC concluded that Itrade’s board failed to meet key requirements under Cypr…

CySEC Withdraws Itrade Global's Licence 2 Years After It Shut Down CFDs Broker

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn Itrade Global's operational licence. The company operated two forex and contracts for differences (CFDs) broker brands, TradedWell and InvestFW.The licence withdrawal came amid “the company’s decision to expressly renounce it,” the regulator clarified in its notice published today (Friday), although the decision was made on 14 April.Shutdown of CFDs BrokerFinanceMagnates.com rep…

CySEC withdraws license of Itrade Global

The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the CIF authorisation of Itrade Global (CY) Ltd.