Add Fazzaco to desktop

Add Fazzaco to desktop

Access Fazzaco from desktop next time

Add now
English

B2Broker Group Has Been Granted a Licence by the Mauritius FSC to Provide Multi-Asset Brokerage Services

Source: B2Broker

52729afb692e01d98a282ef006b38e4.jpeg

The Mauritius Financial Services Commission (FSC) has given a licence to B2Broker, a prominent liquidity, and technology provider for the foreign exchange and financial services industries. The licence was granted on November 12th, 2021, to B2Prime Services Limited, a subsidiary of the B2Broker Group of Companies, which also holds an Investment Dealer licence (Full Service Dealer excluding underwriting /code SEC-2.1, Licence #C117017139).

A Description of a Permitted Activity

In accordance with relevant securities laws and regulations, B2Prime Services, as a registered Dealer in Securities, is authorized to act as an intermediary in connection with the execution of securities transactions on behalf of customers. The firm will service institutional and professional clients across all Mauritius' financial markets, including the stock exchange, as a Prime of Prime (PoP) Multi-Asset Liquidity Provider. The company's core investment product is CFDs (e.g. Forex, metals, commodities, shares, indices).

About the FSC

Mauritius' integrated regulator, the Financial Services Commission, is in charge of the country's entire financial services industry. The agency, founded in 2001, is charged with licencing and regulating company activity in certain areas, as well as monitoring and supervising their compliance in accordance with local regulations. Mauritius' financial regulator, as part of its commitment to protecting investors in non-bank financial products, also works to ensure the soundness and stability of the country's financial system in order to foster the country's long-term development as a sound and competitive Financial Services Center.

​A Brief History of the B2Broker Group of Companies

Over the years, B2Broker ​has earned a strong B2B reputation as a major provider of technology and liquidity to Forex and cryptocurrency brokers, cryptocurrency exchanges, and other financial sector firms. The group assists these entrepreneurs by fostering a successful, transparent, and ethical business climate and expediting their access to markets.

The company's goods and services include Crypto/Forex/CFD liquidity, full Crypto/Forex broker solutions, MT4/5 white label solutions, B2Core (Trader's Room) and B2Trader (Matching Engine), as well as liquidity across over 800 trading instruments. 

B2Broker is headquartered in Moscow and has 10 offices across the world, servicing the Asian and Middle Eastern markets as well as the rest of the world. These licences, which include those from the FCA and the AEMI, as well as those from the Central Bank of Russia and the Cyprus FSC, enable B2Broker to serve clients from over 50 countries by distributing foreign exchange liquidity and providing other forex, cryptocurrency, and securities-related services. To accomplish this, one of the company's key objectives is to rapidly increase its global presence and exposure via the acquisition of a sizable customer base of well-known financial services firms.

"We are happy to add another important licence to our ever-growing portfolio," stated Arthur Azizov, B2Broker Group's founder and CEO. According to the company, the licence ensures the integrity and openness of all activities taken in compliance with the FSC's stringent inspection criteria, and further establishes the firm's position as a worldwide leader in the fintech sector. Obtaining complete legal recognition for the Forex and financial services industries is without a doubt the most effective way to completely legitimise the two industries, and our latest licence acquisition enables even more clients worldwide to benefit from the highest level of protection provided by one of the world's leading multi-regulated technology and liquidity providers."

B2Broker's horizons have been expanded as a consequence of receiving the FSC accreditation, and the company is now better positioned to attract new business as part of its ongoing global growth plan. The firm is now assembling various licencing applications with reputable regulators which will be concluded by the end of 2022.

Create Company Page