“FOREXTIME” receives EU investment License

by on January 3, 2013 8:47 pm GMT

New Forex broker ForexTime Ltd (FXTM) has been awarded a CIF license by the Cyprus Securities and Exchange Commission (CySEC) and will soon launch its operations. Upon activation of the CIF License, the company will be officially open for business early in 2013, offering trading and other investment services in Forex, commodities, precious metals, shares, indices and other financial instruments. There will be further announcements to come when the website is launched and once the company is ready to take on clients and there will be announcements made each time a new product is released.

The company has been established by Mr Andrey Dashin, founder of the Alpari brand. With more than 14 years experience in international finance, this new venture solidifies Mr Dashin’s reputation as a business leader in the international finance industry, and stems from his ambition to be instrumental in setting new high standards for Forex trading in the ever-changing global marketplace.

Mr Dashin said: “It is my ambition for ForexTime to be a game-changer. I know that ForexTime is going to change the industry for the better as my team and I possess the combined experience and commitment needed to elevate the industry to another level”.

“With the current global crisis having created a unique set of conditions in the Forex market, ForexTime represents an adaptation to an evolving market by fulfilling investors’ and traders’ new demands and expectations”.

“We are already developing products and services that are ground breaking and will result in a better trading experience and faster execution for traders”.

ForexTime Ltd has been granted a license as a Cyprus Investment Firm (CIF) by the Cyprus Securities and Exchange Commission (CySEC), license number 185/12.