M4Markets Expands Into Europe with a New CySEC License

M4Markets, a contract for difference (CFD) broker, has secured a regulatory license from the Cyprus Securities and Exchange Commission after completing a capital raising round earlier this year (CySEC).

WikiFX has discovered exclusively that the broker, which operates under a Seychelles license, intends to expand its activities, services, and products to European traders with the new license.

Oryx Group, the company behind M4Markets, has also bought CySEC-regulated business ICC Intercertus Capital Limited, according to the brokerage.

According to the broker, the newly acquired business, now officially known as Harindale Limited, would operate as M4Markets Europe.

Panikos Teklos, CEO of M4Markets Group, said in a statement provided with WikiFX's source that the broker “had developed dramatically over the previous two years.”

Teklos went on to say that expanding into European markets is “strategically” the next obvious move for the brokerage, given the region's enthusiastic traders.

“We are dedicated to maintaining the same quality of client service that has helped to distinguish M4Markets, and we will continue to develop our product to suit the demands of our traders,” Teklos said.

According to the Group CEO, the broker's goals for Europe include giving “a real multi-asset offering and subsequently a more institutionalized service.”

“We are committed to providing very competitive trading conditions and compliance with EU regulations, and we strive to listen to our traders' needs, promote financial and product education, be sustainability ambassadors, and stay abreast of any technological advances and broader market trends,” Teklos explained.

M4Markets sold a “substantial share” in its firm to an unidentified investor in May for an unknown value.

The broker said that the funds will be used to accelerate expansion by expanding its product and service offerings via sophisticated technology and automation solutions.

Deepak Jassal, CEO of M4Markets, highlighted that generating funds and courting investors has been a top focus for the broker in recent months.

According to Jassal, the company “realized that M4Markets had expanded enormously, and we needed to enhance our technology and service offering to adapt to our ever-growing customer base.”

M4Markets engaged David Alagbada, a forex industry executive with more than 12 years of experience, in April to expand its footprint in Africa.

Following the release of MetaTrader 5 in 2021, the business launched M4Markets Copy Trader at the start of the year.

According to M4Market, the revolutionary social trading software was created to assist traders throughout the world at various stages of their trading careers.

Demand for CySec

Meanwhile, rival Equiti Group said last week that it had obtained a CySEC license in order to expand its business in Europe.

Equiti Global Markets Limited, the Group's Cypriot subsidiary, was given the new license, the eighth in its regulatory licensing sequence, to operate in Europe.

About M4Markets

M4Markets is a worldwide CFD broker that specializes in forex, commodities, and indices trading using MT4 and MT5. In addition to deposit incentives, the licensed brokerage provides mobile investing. Our evaluation includes information on the registration and login procedure, withdrawal costs, account choices, and more. Sign up now and start trading.

More of M4Markets

M4Markets was founded in 2019 as the trade name of Trinota Markets Global Limited. The broker is regulated by the Financial Services Authority and provides worldwide services from its headquarters in Seychelles (FSA). The firm works hard to deliver cutting-edge technologies and lightning-fast executions in a fair and secure trading environment.

Check out for more of M4Markets here: https://www.wikifx.com/en/dealer/2618701601.html

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