Forex - Brokers

Breaking: Saxo Bank is closing Cyprus Office

08 Mar 2017 by OneStopBrokers

Saxo Bank has just announced that the company is closing its office in Limassol, Cyprus.

The online investment bank regulated in EU and headquartered in Copenhagen, is operating in financial centers around the world.

Saxo Bank opened its Cyprus office five years ago in 2012 focused on retail Forex clients through MT4 platform offering.

Clients from Central and Eastern Europe (CEE) and Middle East and North Africa (MENA) will now be serviced by offices in Copenhagen, Prague and Dubai.

Back in 2015, Saxo Capital Markets CY Ltd renounced its CySec authorization.

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