Tag: Gabriela Antonia

CySEC-regulated brokerage Coverdeal Holdings renounces license

Compliance Charlene Lensburg - November 21, 2020

Many CySEC brokers operate scams through offshore companies, using the CySEC CIF license to pretend seriousness. Admittedly, not all CySEC CIFs are bad but quite a lot are. In this respect, it is good news for investor protection if CySEC companies withdraw. Coverdeal Holdings Limited has done so, renounced its CIF license 231/14, and terminated its respective activities.

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