BVI Grants easyMarkets Fourth Operating License

Gabriel Sherman

easyMarketsTop CFD and Forex broker easyMarkets announced Thursday that it was granted an operating license by the financial market regulator of the British Virgin Islands. The regulator, who issued the licensure for easyMarkets’ locally incorporated subsidiary EF Worldwide Ltd, is the fourth regulatory body to grant an operating license to the broker after the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority, issued last year.

This new license allows easyMarkets to expand its reach into more markets.

“At easyMarkets, we always try to find ways to give our clients an exceptional trading experience,” said easyMarkets Chief Financial Officer Koula Lamprou. “Oversight, regulation and security are indivisible parts of that. Our new BVI license adds to our already robust list of licenses that include European oversight by ESMA and CySEC, Australian ASIC license for our APAC-based activities and FSA license for global/international clients.”

easyMarkets has been around since 2001, making it one of the industry’s older brokers, but is known for its agile approach. In 2017, easyMarkets was among the first brokers to offer cryptocurrency CFDs.

“We have been operating uninterrupted in the trading industry for 20 years, and one of our missions has always been to grow our regulatory framework which better serves our clients,” Lamprou added.

EasyMarkets offers trading in Forex and CFDs, with over 200 assets across six investment classes. These include cryptocurrencies, equity CFDs, index CFDs, Forex, metals and commodities. EasyMarkets’ CySEC-regulated subsidiary in Cyprus recently added several US and European stock CFDs to its plethora of offerings.

As part of its expansion into European markets, easyMarkets partnered with Real Madrid CF last year, becoming one of the world-renowned soccer team’s official partners.

Gabriel Sherman
Gabriel joined the team at DailyForex in 2020. Gabriel had previously worked as the national sales manager for a payment processing company, where he edited the marketing materials. After obtaining a degree in Communications from the Interdisciplinary Center of Herzliya, Gabriel helped mortgage and insurance brokers and fintech companies become authorized by the Financial Conduct Authority, and edited the company website and documents.

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