CySEC Announces €75,000 Settlement With Maxigrid Limited
The Cyprus Securities and Exchange Commission (CySEC) announced that it has reached a settlement agreement with Maxigrid Limited. Maxigrid Limited will pay €75,000 to CySEC for possible regulatory violations.
According to the Cypriot watchdog, the broker has possibly breached the provisions of legislation under the regulatory remit of CySEC for the period January 2019 until August 2020.
The CySEC stated that the settlement reached with Maxigrid Limited amounts to €75,000. The company settled the amount of €75,000.
Maxigrid Limited is a Cyprus Investment Firm, located in Limassol and regulated by the CySEC. It's a globally established online CFD and Forex platform with years of industry experience.
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