CySec: Cyprus Investment Firm providing brokerage services renounced its authorisation 


The Cyprus Securities and Exchange Commission (CySec) announces that, on 28th April 2017, the CIF Leadtrade Ltd (the ‘Company’), which provided investment services via the domains,,,,,, renounced its authorisation, pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the CIF authorisation with Νumber 296/16 lapsed as from the abovementioned date.

The Company is obliged to settle within a period of three (3) months, pursuant to section 24(3) of the Law, its obligations arising from the investment services that lapsed, including any clients’ complaints.

It is noted that, in accordance with section 25(4) of the Law, the Company remains under the supervision of the CySec until it settles its obligations arising from the investment services or/and activities that lapsed.

Source: CySec – Announcement 06-19-2017 regarding renouncement of CIF license of Leadtrade Ltd

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