Company Profile

ETFinance is a trading name of Magnum FX(Cyprus) Ltd. Registered company in Cyprus. Magnum FX(Cyprus) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC). Its platforms offer CFD trading on a variety of financial assets, such as stocks, indices, currencies, cryptocurrencies and commodities. 

Company Website

https://www.etfinance.eu

Regulatory Information

ETFinance is STP licensed by CySEC, with registered address at: 1, Agias Fylaxeos Street, KPMG Center, 2nd Floor, CY-3025 Limassol.

Inspection Process

The team arrived at the office building named KPMG Center at 1, Agias Fylaxeos Street, Limassol, Cyprus. The building is located at an intersection, which looks rather grand and eye-catching. It is about 300 meters from the sea.

There is no sign of ETFinance on the signboard outside the building, instead, the signboard shows that the 2nd floor is for MAGNUM FX.

To further confirm whether ETFinance works in this building, the team went to the second floor and again saw the logo of MAGNUM FX on the office door. The team later learned that MAGNUM FX and ETFinance refer to the same company.

Conclusion

Through the on-site inspection, it is confirmed that at the address mentioned in the regulatory information there really is the workplace of ETFinance, which means the regulatory information is true. However, it should be noted the workplace is bearing the logo of MAGNUM FX, and it is learned ETFinance and MAGNUM FX refer to the same company. That’s all for this session of Field Survey.

Disclaimer

The content is for information purposes only and it is not intended as a recommendation or advice.