ETFinance

The Cyprus financial regulator CySEC has lifted the suspension of Magnum FX's license, allowing the company to operate under strict conditions. ETFinance, the retail FX and CFD brokerage brand of Magnum FX, will not accept new clients or engage in marketing until new management is appointed. The company will only provide support services to existing clients. This decision follows compliance measures taken by Magnum FX to address previous regulatory concerns.

The Cyprus financial regulator CySEC has lifted the suspension of Magnum FX's license, allowing the company to operate under strict conditions. ETFinance, the retail FX and CFD brokerage brand of Magnum FX, will not accept new clients or engage in marketing until new management is appointed. The company will only provide support services to existing clients. This decision follows compliance measures taken by Magnum FX to address previous regulatory concerns.