Fondex expands its global presence by acquiring FSA Seychelles license

LIMASSOL, Cyprus - June 9, 2020 - PRLog -- Multi-award winning Forex and CFD broker, Fondex, announces the opening of a new entity, Fondex Limited, along with the acquisition of a new license by the Seychelles Financial Services Authority (FSA SC).

Established in 2017, and acquiring its CySEC license in order to provide online trading services in the EU, Fondex has constantly been looking for new ways to expand its business. With this new license, the broker is expanding its product and services offering to clients outside Europe, keeping the same high standards, while also continuing to abide by its solid foundation of transparency.

"The acquisition of this prestigious license is a very important step towards our global expansion. The decision of Seychelles was based on two very important factors - regulation and banking -  in order to ensure that our clients will get the same level of services and security on their accounts. Our FSA license is surrounded by a strict regulatory framework, making it also trusted by Tier-1 banks. We are now more ready than ever to offer our services worldwide and provide our clients with an extensive range of trading instruments, the multi-award winning cTrader, along with some of the most competitive trading conditions in the market." said Mr Alexander Sologubov, COO of Fondex.

The Seychelles Financial Services Authority (FSA) is the regulator for non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, the Authority is responsible for the licensing, supervision and development of the non-bank financial services industry of Seychelles.

For more information, please visit https://fondex.com/.