TradeFW

CySEC has fined Itrade Global, the parent company of InvestFW, TradeFW, and Tradedwell, €1 million for regulatory non-compliance, including conflicts of interest and insufficient client information. The fine was partly due to violations by a tied agent in Spain, with specific infractions related to marketing materials and the company's failure to identify an appropriate target market for its products. The regulatory body noted the need for better policies to manage conflicts of interest and ensure clear communication of investment risks to clients.

CySEC has fined Itrade Global, the parent company of InvestFW, TradeFW, and Tradedwell, €1 million for regulatory non-compliance, including conflicts of interest and insufficient client information. The fine was partly due to violations by a tied agent in Spain, with specific infractions related to marketing materials and the company's failure to identify an appropriate target market for its products. The regulatory body noted the need for better policies to manage conflicts of interest and ensure clear communication of investment risks to clients.