Until Aug 2021, the CySEC-regulated investment firm (CIF) Eightcap EU Ltd was called R Capital Solutions Ltd and was the owner and the operator of MXTrade until 2015. Then the broker was transferred to the infamous Lau Scheme in Belize. However! Now Eightcap operates the CySEC-approved domain www.eightcap.eu. Besides, as usual with many CySEC CIFs, offshore broker activities are conducted through www.eightcap.com and Eightcap Global Limited in the Bahamas.
Until Aug 2021, the CySEC-regulated investment firm (CIF) Eightcap EU Ltd was called R Capital Solutions Ltd and was the owner and the operator of MXTrade until 2015. Then the broker was transferred to the infamous Lau Scheme in Belize. However! Now Eightcap operates the CySEC approved domain www.eightcap.eu. Besides, as usual with many CySEC CIFs, offshore broker activities are conducted through www.eightcap.com and Eightcap Global Limited in the Bahamas.
May a broker licensed by the offshore regulator VFSC operate in Europe and onboard clients in Germany, France, Spain, or Italy? Of course not. Apart from the fact that the VFSC is nowhere near European regulators' standard, its licenses do not allow a financial firm to operate in Europe. Eightcap Global Ltd has a VFSC license and operates two broker brands with it, Eightcap (www.eightcap.com) and Blueberry Markets (www.blueberrymarkets.com). Eightcap works with BridgerPay as a payment processor.