B2Broker Expands Its Presence in Europe After B2Prime Receives Full CySEC License

According to a press release, technology and liquidity provider B2Broker has expanded its presence in the highly regulated EU Forex/CFDs market through B2Prime​, an authorized financial institution based in Cyprus, which has received a full financial license from the Cyprus Securities and Exchange Commission, more commonly known as CySEC.  

Arthur Azizov, the founder of B2Broker Group, and Evgeniya Mykulyak, the co-creator of B2Broker Group, became the new proprietors of B2Prime after fulfilling the necessary legal processes. B2Prime's new CEO is Nick Chrysochos. This decision reaffirms the group's commitment to providing global investment services through a liquidity provider licensed by one of the world's most prestigious financial markets regulators.

B2Prime

B2Prime is a worldwide, regulated multi-asset Prime of Prime (PoP) liquidity provider for institutional and professional clients across the spectrum of financial markets. Leveraged derivative CFDs are the company's primary investing services: Forex, metals, commodities, stocks, indices, and cryptocurrencies.

B2Broker Group of Companies

B2Broker has a strong reputation as one of the most in-demand technology and liquidity providers for Forex and crypto brokers, crypto exchanges, and other financial services firms. Crypto/Forex/CFD liquidity, Crypto/Forex Broker turnkey solutions, crypto payment processing (B2BinPay), MT4/5 white label solutions, B2Core​​ (Trader's Room), B2Trader (Matching Engine), and liquidity on over 800 trading instruments across the entire spectrum of assets are among the services offered by the company.

B2Broker, headquartered in Moscow, has ten offices in eight countries covering Russia, Europe, Asia, the Middle East, and North Africa. B2Broker has a total of seven licenses, including the FCA, AEMI, and the Central Bank of Russia, allowing it to serve clients in more than 50 countries and provide Forex liquidity distribution as well as a variety of additional services to the Forex, Crypto, and Securities sectors. The firm has built a massive portfolio of well-known global financial services customers to expand corporate representation and exposure across the world.

What Will Change for Clients  

Cyprus' financial regulator, CySEC, sets the rules under which the country's licensed financial businesses must operate. As a CySEC-regulated broker, B2Prime is bound by the most stringent financial market regulatory norms, including capital adequacy requirements, customer money segregation, and company operations transparency.

Clients residing in the EU, UK, and several other 3rd country jurisdictions can now be safely onboarded under the EU MiFID II regulatory standards. B2Broker can now expand its footprint in the European Union and provide clients with the opportunity to experience the organization's complete product and service offering through an EU financial services brokerage license while positioning itself on an accelerated global growth path.  

"My ambition is to make B2Prime one of the most stable and reputable financial services organizations in the Forex industry, with a high level of service offering being our main emphasis," Evgeniya Mykulyak, B2Prime's owner and co-founder of B2Broker Group, stated. "I'm excited to learn about the numerous new prospects in Europe that are accessible to us, as well as to welcome new clients on board. The development of additional trading platforms for connection and the continuous expansion of our Prime of Prime liquidity services will be part of our efforts. We are already establishing a solid liquidity provision network in the European market and have formed agreements with key Prime Brokers. We also intend to join several exchanges, establishing B2Prime as a prominent participant in the financial services business."

"We are thrilled that B2Prime has received CySEC accreditation," said Arthur Azizov, CEO of B2Broker. "We now can provide institutional-grade liquidity to clients in over 30 countries thanks to the license. Meanwhile, our clients will be able to enjoy increased security, confident in the knowledge that they are backed by a world-leading, multi-regulated technology and liquidity provider. We believe that now that we have received CySEC approval to provide our investment liquidity services, we will be able to position ourselves as one of the strongest and most trusted organizations in the industry, allowing our clients to feel at peace when trading with us."

CEO of B2Prime, Nick Chrysochos, commented, "With Arthur Azizov's extended experience and excellent credentials in the Forex and Crypto sector, and Evgeniya Mykulyak's deep industry know-how and clear vision for the company, we will be able to deliver innovative, cutting-edge technology so that our customers can trade with the confidence of knowing that their trading operations are managed by a legitimate firm that complies to the most strict regulatory norms of CySEC."          

Conclusion  

B2Prime offers trading on 115 Forex pairs, including 22 Crypto CFD pairs, spot metals, indices, and spot energies. Brokers are connected through OneZero, MT5, and PrimeXM platforms.

B2Broker is committed to expanding its presence in all major jurisdictions, and the new license is part of the group's overall strategic plan to become a global liquidity provider. The launch of liquidity and trading services in Cyprus also demonstrates the success and growth of the company.