Cameroon timber
2026-05-27T21:15:51.806+02:00
W e d n e s d a y , 2 7 / 0 5 / 2 0 2 6 | 1 9 : 1 5 G M T by
Damian Chmiel
The Warsaw broker’s sharpest single-session decline in months came without an ESPI filing, regulatory action, or company announcement. Local commentary has pointed to renewed unease over the KNF’s CFD review, but the regulator’s stance has been public for weeks. Omar Arnaout, CEO of XTB
XTB shares
fell more than 8% today (Wednesday) to close below 100 zlotys, the
Warsaw-listed broker’s sharpest single-session decline in months and a striking
reversal of the rally that carried the stock to a record 114 zlotys in April. Trading
volume ran more than 50% above the three-month daily average, signaling
institutional positioning rather than retail noise. A Sell-Off Without an
Obvious Catalyst XTB did not
publish an ESPI disclosure on Wednesday. Poland’s Financial Supervision
Authority did not announce a new investigation, sanction, or rule.
No analyst
note circulated that would account for an 8% repricing of one of the Warsaw
exchange ‘s best-performing stocks of 2026. Polish
financial press has connected the slide to renewed unease about the KNF’s
ongoing review of how Contracts for Difference are sold to retail clients.
That
review, and the regulator’s thinking around it, has been public knowledge for
weeks. The only new element was a recent comment from the watchdog’s deputy chairman, Dariusz Adamski, who said: “The last thing I would want is to steer customers who are interested in simple products toward complex ones. That is something we will be preventing in the near future.”
While he did not mention XTB by name, the remark naturally drew attention to the company given its position as the largest broker in the Polish market.
Arkadiusz Jóżwiak, Editor-in-Chief at Comparic.pl
“Many
investors appear to have been spooked by media reports – which, in my view,
were somewhat overinterpreted – suggesting that the KNF will take a
tougher stance on CFDs,” Arkadiusz Jóżwiak, the Editor-in-Chief at Comparic.pl,
commented for FinanceMagnates.com “The old market adage is to buy the rumor. This
time, however, we witnessed investors selling it.”
As FinanceMagnates.com reported earlier this month, KNF
vice-chairman Dariusz Adamski said the “capital market cannot function
like gambling” and confirmed the regulator was widening its CFD review. What is
unclear is why the same regulatory thesis the market discounted two weeks ago
would today drive XTB shares more than 8% lower on outsized volume.
A Different Reaction From
Six Weeks Ago The
contrast with April makes the move more conspicuous. On April 13, KNF imposed a
20 million zloty ($5.5 million) fine on XTB over MiFID II breaches in client
onboarding between 2022 and 2023. The stock rose the following day and kept
climbing, hitting an all-time high of around
114 zlotys just
over a week later. A confirmed financial penalty did not dent the rally. Six weeks
later, with no new fine, no new XTB filing, and no fresh regulator action, the
same stock has given back roughly 11% of its value from the April peak in a
single day.
Broader Regulatory
Pressure on CFDs Is Building Across Europe The Polish
regulator is not acting in isolation. The European Securities and Markets
Authority has spent more than two years tightening supervisory expectations
around retail leveraged products, and earlier this year acknowledged that MiFID II rules had become too complex for many
ordinary investors, while continuing to scrutinize CFD providers’ marketing and
product design. In
February, ESMA also confirmed that perpetual futures meeting the CFD definition fall
under the same retail restrictions as traditional CFDs, closing a workaround
several crypto-linked brokers had been testing. Spain’s
CNMV imposed sweeping curbs on CFD advertising in 2023, and Cyprus’s CySEC has
tightened oversight of retail-facing client acquisition for the same products. Within that
landscape, KNF has emerged as one of the more active CFD supervisors in the EU.
Its widened review puts the Polish market on a similar trajectory to the
gradual tightening seen in France, Spain, and the Netherlands over the past
several years. CFDs Still Power a
Business That Sells Stocks and ETFs The reason
regulatory chatter, even without a fresh development, can move XTB shares this
much is the broker’s revenue mix. Although XTB markets equities,
exchange-traded funds, and investor education to Polish retail clients
alongside its CFD offering, leveraged contracts remain by far the largest
profit driver. Arnaout has
acknowledged this directly, telling Polish media that “around 95%, or
maybe even more, of revenue is generated from CFD instruments.” He has
framed diversification, including spot crypto and options, as a multi-year
project rather than a near-term offset. That
dependence is why strong fundamentals failed to cushion Wednesday’s reaction.
XTB’s first-quarter 2026 results showed net profit of 535
million zlotys, up 176% year over year, on operating income of 1.09 billion
zlotys and 370,000 new clients added in a single quarter. Noble
Securities analysts have flagged a full-year 2026 net profit run-rate of around
1 billion zlotys, contingent on the broker maintaining current monetization
rates. None of that protected the share price on Wednesday. What Investors Will Watch
Next Without an
official trigger to anchor the move, the next reference points are external. KNF has not yet published concrete proposals on new leverage caps, marketing
restrictions, or suitability-test changes, nor a timeline for public
consultation.
Whether any
future measures will apply only to Poland or extend to XTB’s FCA-regulated and
CySEC-regulated units is also unclear. Sell-side analysts covering the broker
may issue revision notes in the coming days as they recalibrate regulatory risk
into existing models targeting a
billion-zloty annual profit. Source: Stooq.com
For now the
stock trades roughly 22% above its 52-week low of 61.86 zlotys but about 11%
below the April record, leaving room for further repricing if the regulatory
outlook hardens or if whatever drove Wednesday’s volume returns. XTB shares
fell more than 8% today (Wednesday) to close below 100 zlotys, the
Warsaw-listed broker’s sharpest single-session decline in months and a striking
reversal of the rally that carried the stock to a record 114 zlotys in April. Trading
volume ran more than 50% above the three-month daily average, signaling
institutional positioning rather than retail noise.
A Sell-Off Without an
Obvious Catalyst XTB did not
publish an ESPI disclosure on Wednesday. Poland’s Financial Supervision
Authority did not announce a new investigation, sanction, or rule. No analyst
note circulated that would account for an 8% repricing of one of the Warsaw
exchange ‘s best-performing stocks of 2026. Polish
financial press has connected the slide to renewed unease about the KNF’s
ongoing review of how Contracts for Difference are sold to retail clients.
That
review, and the regulator’s thinking around it, has been public knowledge for
weeks. The only new element was a recent comment from the watchdog’s deputy chairman, Dariusz Adamski, who said: “The last thing I would want is to steer customers who are interested in simple products toward complex ones. That is something we will be preventing in the near future.”
While he did not mention XTB by name, the remark naturally drew attention to the company given its position as the largest broker in the Polish market. Arkadiusz Jóżwiak, Editor-in-Chief at Comparic.pl
“Many
investors appear to have been spooked by media reports – which, in my view,
were somewhat overinterpreted – suggesting that the KNF will take a
tougher stance on CFDs,” Arkadiusz Jóżwiak, the Editor-in-Chief at Comparic.pl,
commented for FinanceMagnates.com “The old market adage is to buy the rumor. This
time, however, we witnessed investors selling it.”
As FinanceMagnates.com reported earlier this month, KNF
vice-chairman Dariusz Adamski said the “capital market cannot function
like gambling” and confirmed the regulator was widening its CFD review.
What is
unclear is why the same regulatory thesis the market discounted two weeks ago
would today drive XTB shares more than 8% lower on outsized volume. A Different Reaction From
Six Weeks Ago The
contrast with April makes the move more conspicuous.
On April 13, KNF imposed a
20 million zloty ($5.5 million) fine on XTB over MiFID II breaches in client
onboarding between 2022 and 2023. The stock rose the following day and kept
climbing, hitting an all-time high of around
114 zlotys just
over a week later. A confirmed financial penalty did not dent the rally. Six weeks
later, with no new fine, no new XTB filing, and no fresh regulator action, the
same stock has given back roughly 11% of its value from the April peak in a
single day. Broader Regulatory
Pressure on CFDs Is Building Across Europe The Polish
regulator is not acting in isolation. The European Securities and Markets
Authority has spent more than two years tightening supervisory expectations
around retail leveraged products, and earlier this year acknowledged that MiFID II rules had become too complex for many
ordinary investors, while continuing to scrutinize CFD providers’ marketing and
product design. In
February, ESMA also confirmed that perpetual futures meeting the CFD definition fall
under the same retail restrictions as traditional CFDs, closing a workaround
several crypto-linked brokers had been testing.
Spain’s
CNMV imposed sweeping curbs on CFD advertising in 2023, and Cyprus’s CySEC has
tightened oversight of retail-facing client acquisition for the same products. Within that
landscape, KNF has emerged as one of the more active CFD supervisors in the EU. Its widened review puts the Polish market on a similar trajectory to the
gradual tightening seen in France, Spain, and the Netherlands over the past
several years. CFDs Still Power a
Business That Sells Stocks and ETFs The reason
regulatory chatter, even without a fresh development, can move XTB shares this
much is the broker’s revenue mix. Although XTB markets equities,
exchange-traded funds, and investor education to Polish retail clients
alongside its CFD offering, leveraged contracts remain by far the largest
profit driver.
Arnaout has
acknowledged this directly, telling Polish media that “around 95%, or
maybe even more, of revenue is generated from CFD instruments.” He has
framed diversification, including spot crypto and options, as a multi-year
project rather than a near-term offset. That
dependence is why strong fundamentals failed to cushion Wednesday’s reaction. XTB’s first-quarter 2026 results showed net profit of 535
million zlotys, up 176% year over year, on operating income of 1.09 billion
zlotys and 370,000 new clients added in a single quarter. Noble
Securities analysts have flagged a full-year 2026 net profit run-rate of around
1 billion zlotys, contingent on the broker maintaining current monetization
rates. None of that protected the share price on Wednesday. What Investors Will Watch
Next Without an
official trigger to anchor the move, the next reference points are external.
KNF has not yet published concrete proposals on new leverage caps, marketing
restrictions, or suitability-test changes, nor a timeline for public
consultation. Whether any
future measures will apply only to Poland or extend to XTB’s FCA-regulated and
CySEC-regulated units is also unclear.
Sell-side analysts covering the broker
may issue revision notes in the coming days as they recalibrate regulatory risk
into existing models targeting a
billion-zloty annual profit. Source: Stooq.com
For now the
stock trades roughly 22% above its 52-week low of 61.86 zlotys but about 11%
below the April record, leaving room for further repricing if the regulatory
outlook hardens or if whatever drove Wednesday’s volume returns. 3702 Articles 114 Followers
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
3702 Articles 114 Followers
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Are your payment flows costing you clients?
At iFX EXPO International, Finance Magnates’ Editor-in-Chief Yam Yehoshua speaks with Tatjana Meluskane, Chief Commercial Officer at SPAYZ.io, about why payment strategy has become one of the biggest drivers of broker growth. In this interview, Tatjana explains why local payment methods, regional expertise, and close cooperation between brokers and payment providers are essential for improving deposit conversion rates and expanding into emerging markets. In this interview:
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“Everything starts with partnership… We are focusing on growth through partnerships, close cooperation, fast reaction, improvements and developments.” — Tatjana Meluskane, Chief Commercial Officer, SPAYZ.io
If you’re a broker, fintech company, payment provider, or industry professional looking to improve client deposits and payment performance, this interview is packed with practical insights. #FinanceMagnates #iFXEXPO #Forex #Payments #Fintech #Brokers #PSP #PaymentGateway #Trading #FX #EmergingMarkets #SPAYZ #ConversionRate #PaymentMethods
Are your payment flows costing you clients? At iFX EXPO International, Finance Magnates’ Editor-in-Chief Yam Yehoshua speaks with Tatjana Meluskane, Chief Commercial Officer at SPAYZ.io, about why payment strategy has become one of the biggest drivers of broker growth. In this interview, Tatjana explains why local payment methods, regional expertise, and close cooperation between brokers and payment providers are essential for improving deposit conversion rates and expanding into emerging markets.
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– Mobile money, QR payments, and regional payment preferences
– How brokers can improve payment conversion rates
– The role of analytics in payment optimisation
– Why payment success is a shared responsibility between brokers and PSPs
– The value of long-term partnerships in global payments
Key Quote:
“Everything starts with partnership… We are focusing on growth through partnerships, close cooperation, fast reaction, improvements and developments.” — Tatjana Meluskane, Chief Commercial Officer, SPAYZ.io
If you’re a broker, fintech company, payment provider, or industry professional looking to improve client deposits and payment performance, this interview is packed with practical insights. #FinanceMagnates #iFXEXPO #Forex #Payments #Fintech #Brokers #PSP #PaymentGateway #Trading #FX #EmergingMarkets #SPAYZ #ConversionRate #PaymentMethods
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In this interview, Tatjana explains why local payment methods, regional expertise, and close cooperation between brokers and payment providers are essential for improving deposit conversion rates and expanding into emerging markets. In this interview:
– Why brokers lose deposits before clients even start trading
– The importance of local payment methods and local currencies
– Why card payments often fail in emerging markets
– Mobile money, QR payments, and regional payment preferences
– How brokers can improve payment conversion rates
– The role of analytics in payment optimisation
– Why payment success is a shared responsibility between brokers and PSPs
– The value of long-term partnerships in global payments
Key Quote:
“Everything starts with partnership… We are focusing on growth through partnerships, close cooperation, fast reaction, improvements and developments.” — Tatjana Meluskane, Chief Commercial Officer, SPAYZ.io
If you’re a broker, fintech company, payment provider, or industry professional looking to improve client deposits and payment performance, this interview is packed with practical insights. #FinanceMagnates #iFXEXPO #Forex #Payments #Fintech #Brokers #PSP #PaymentGateway #Trading #FX #EmergingMarkets #SPAYZ #ConversionRate #PaymentMethods
Are your payment flows costing you clients? At iFX EXPO International, Finance Magnates’ Editor-in-Chief Yam Yehoshua speaks with Tatjana Meluskane, Chief Commercial Officer at SPAYZ.io, about why payment strategy has become one of the biggest drivers of broker growth. In this interview, Tatjana explains why local payment methods, regional expertise, and close cooperation between brokers and payment providers are essential for improving deposit conversion rates and expanding into emerging markets. In this interview:
– Why brokers lose deposits before clients even start trading
– The importance of local payment methods and local currencies
– Why card payments often fail in emerging markets
– Mobile money, QR payments, and regional payment preferences
– How brokers can improve payment conversion rates
– The role of analytics in payment optimisation
– Why payment success is a shared responsibility between brokers and PSPs
– The value of long-term partnerships in global payments
Key Quote:
“Everything starts with partnership…
We are focusing on growth through partnerships, close cooperation, fast reaction, improvements and developments.” — Tatjana Meluskane, Chief Commercial Officer, SPAYZ.io
If you’re a broker, fintech company, payment provider, or industry professional looking to improve client deposits and payment performance, this interview is packed with practical insights. #FinanceMagnates #iFXEXPO #Forex #Payments #Fintech #Brokers #PSP #PaymentGateway #Trading #FX #EmergingMarkets #SPAYZ #ConversionRate #PaymentMethods
Are your payment flows costing you clients? At iFX EXPO International, Finance Magnates’ Editor-in-Chief Yam Yehoshua speaks with Tatjana Meluskane, Chief Commercial Officer at SPAYZ.io, about why payment strategy has become one of the biggest drivers of broker growth. In this interview, Tatjana explains why local payment methods, regional expertise, and close cooperation between brokers and payment providers are essential for improving deposit conversion rates and expanding into emerging markets.
In this interview:
– Why brokers lose deposits before clients even start trading
– The importance of local payment methods and local currencies
– Why card payments often fail in emerging markets
– Mobile money, QR payments, and regional payment preferences
– How brokers can improve payment conversion rates
– The role of analytics in payment optimisation
– Why payment success is a shared responsibility between brokers and PSPs
– The value of long-term partnerships in global payments
Key Quote:
“Everything starts with partnership… We are focusing on growth through partnerships, close cooperation, fast reaction, improvements and developments.” — Tatjana Meluskane, Chief Commercial Officer, SPAYZ.io
If you’re a broker, fintech company, payment provider, or industry professional looking to improve client deposits and payment performance, this interview is packed with practical insights. #FinanceMagnates #iFXEXPO #Forex #Payments #Fintech #Brokers #PSP #PaymentGateway #Trading #FX #EmergingMarkets #SPAYZ #ConversionRate #PaymentMethods
Are your payment flows costing you clients? At iFX EXPO International, Finance Magnates’ Editor-in-Chief Yam Yehoshua speaks with Tatjana Meluskane, Chief Commercial Officer at SPAYZ.io, about why payment strategy has become one of the biggest drivers of broker growth.
In this interview, Tatjana explains why local payment methods, regional expertise, and close cooperation between brokers and payment providers are essential for improving deposit conversion rates and expanding into emerging markets. In this interview:
– Why brokers lose deposits before clients even start trading
– The importance of local payment methods and local currencies
– Why card payments often fail in emerging markets
– Mobile money, QR payments, and regional payment preferences
– How brokers can improve payment conversion rates
– The role of analytics in payment optimisation
– Why payment success is a shared responsibility between brokers and PSPs
– The value of long-term partnerships in global payments
Key Quote:
“Everything starts with partnership… We are focusing on growth through partnerships, close cooperation, fast reaction, improvements and developments.” — Tatjana Meluskane, Chief Commercial Officer, SPAYZ.io
If you’re a broker, fintech company, payment provider, or industry professional looking to improve client deposits and payment performance, this interview is packed with practical insights. #FinanceMagnates #iFXEXPO #Forex #Payments #Fintech #Brokers #PSP #PaymentGateway #Trading #FX #EmergingMarkets #SPAYZ #ConversionRate #PaymentMethods
Broker Licensing, Cyprus vs Greece & Why UAE Is Winning | Nicos Kezarides Interview
Broker Licensing, Cyprus vs Greece & Why UAE Is Winning | Nicos Kezarides Interview
Broker Licensing, Cyprus vs Greece & Why UAE Is Winning | Nicos Kezarides Interview
Broker Licensing, Cyprus vs Greece & Why UAE Is Winning | Nicos Kezarides Interview
Broker Licensing, Cyprus vs Greece & Why UAE Is Winning | Nicos Kezarides Interview
Broker Licensing, Cyprus vs Greece & Why UAE Is Winning | Nicos Kezarides Interview
Are tougher regulations making broker licences too expensive?
Is Greece becoming a stronger alternative to Cyprus? And could prediction markets become the next major growth area for the trading industry? In this exclusive interview from iFX Expo International 2026, Adonis Adoni, News Editor at Finance Magnates, speaks with Nicos Kezarides, CEO of A.P. Standard Chartered Corporate Services Ltd, about the biggest licensing and compliance challenges facing brokers today. Nicos Kezarides explains:
– Why A.P. Standard Chartered operates as a one-stop shop for licensing and compliance
– The biggest regulatory challenges facing brokers in Cyprus, Seychelles, Mauritius, and beyond
– Why some firms are considering selling their licences
– Greece’s growing appeal as a licensing destination
– Why the UAE continues to attract brokers and industry talent
– How brokers should approach international expansion
– Common compliance mistakes during licence applications
– Why customer support remains a key part of AP’s business
– His prediction for the next major trend after prop trading
Whether you’re launching a brokerage, expanding into new markets, or following regulatory developments, this interview provides practical insights from someone with more than 20 years of industry experience. #BrokerLicensing #Forex #CFD #Crypto #Compliance #Regulation #TradingIndustry #IFXExpo #FinanceMagnates #CySEC #UAE #Greece #PropTrading #PredictionMarkets
Are tougher regulations making broker licences too expensive?
Is Greece becoming a stronger alternative to Cyprus? And could prediction markets become the next major growth area for the trading industry? In this exclusive interview from iFX Expo International 2026, Adonis Adoni, News Editor at Finance Magnates, speaks with Nicos Kezarides, CEO of A.P. Standard Chartered Corporate Services Ltd, about the biggest licensing and compliance challenges facing brokers today. Nicos Kezarides explains:
– Why A.P.
Standard Chartered operates as a one-stop shop for licensing and compliance
– The biggest regulatory challenges facing brokers in Cyprus, Seychelles, Mauritius, and beyond
– Why some firms are considering selling their licences
– Greece’s growing appeal as a licensing destination
– Why the UAE continues to attract brokers and industry talent
– How brokers should approach international expansion
– Common compliance mistakes during licence applications
– Why customer support remains a key part of AP’s business
– His prediction for the next major trend after prop trading
Whether you’re launching a brokerage, expanding into new markets, or following regulatory developments, this interview provides practical insights from someone with more than 20 years of industry experience. #BrokerLicensing #Forex #CFD #Crypto #Compliance #Regulation #TradingIndustry #IFXExpo #FinanceMagnates #CySEC #UAE #Greece #PropTrading #PredictionMarkets
Are tougher regulations making broker licences too expensive?
Is Greece becoming a stronger alternative to Cyprus? And could prediction markets become the next major growth area for the trading industry? In this exclusive interview from iFX Expo International 2026, Adonis Adoni, News Editor at Finance Magnates, speaks with Nicos Kezarides, CEO of A.P. Standard Chartered Corporate Services Ltd, about the biggest licensing and compliance challenges facing brokers today. Nicos Kezarides explains:
– Why A.P.
Standard Chartered operates as a one-stop shop for licensing and compliance
– The biggest regulatory challenges facing brokers in Cyprus, Seychelles, Mauritius, and beyond
– Why some firms are considering selling their licences
– Greece’s growing appeal as a licensing destination
– Why the UAE continues to attract brokers and industry talent
– How brokers should approach international expansion
– Common compliance mistakes during licence applications
– Why customer support remains a key part of AP’s business
– His prediction for the next major trend after prop trading
Whether you’re launching a brokerage, expanding into new markets, or following regulatory developments, this interview provides practical insights from someone with more than 20 years of industry experience. #BrokerLicensing #Forex #CFD #Crypto #Compliance #Regulation #TradingIndustry #IFXExpo #FinanceMagnates #CySEC #UAE #Greece #PropTrading #PredictionMarkets
Are tougher regulations making broker licences too expensive? Is Greece becoming a stronger alternative to Cyprus? And could prediction markets become the next major growth area for the trading industry? In this exclusive interview from iFX Expo International 2026, Adonis Adoni, News Editor at Finance Magnates, speaks with Nicos Kezarides, CEO of A.P.
Standard Chartered Corporate Services Ltd, about the biggest licensing and compliance challenges facing brokers today. Nicos Kezarides explains:
– Why A.P.
Standard Chartered operates as a one-stop shop for licensing and compliance
– The biggest regulatory challenges facing brokers in Cyprus, Seychelles, Mauritius, and beyond
– Why some firms are considering selling their licences
– Greece’s growing appeal as a licensing destination
– Why the UAE continues to attract brokers and industry talent
– How brokers should approach international expansion
– Common compliance mistakes during licence applications
– Why customer support remains a key part of AP’s business
– His prediction for the next major trend after prop trading
Whether you’re launching a brokerage, expanding into new markets, or following regulatory developments, this interview provides practical insights from someone with more than 20 years of industry experience. #BrokerLicensing #Forex #CFD #Crypto #Compliance #Regulation #TradingIndustry #IFXExpo #FinanceMagnates #CySEC #UAE #Greece #PropTrading #PredictionMarkets
Are tougher regulations making broker licences too expensive?
Is Greece becoming a stronger alternative to Cyprus? And could prediction markets become the next major growth area for the trading industry? In this exclusive interview from iFX Expo International 2026, Adonis Adoni, News Editor at Finance Magnates, speaks with Nicos Kezarides, CEO of A.P. Standard Chartered Corporate Services Ltd, about the biggest licensing and compliance challenges facing brokers today. Nicos Kezarides explains:
– Why A.P. Standard Chartered operates as a one-stop shop for licensing and compliance
– The biggest regulatory challenges facing brokers in Cyprus, Seychelles, Mauritius, and beyond
– Why some firms are considering selling their licences
– Greece’s growing appeal as a licensing destination
– Why the UAE continues to attract brokers and industry talent
– How brokers should approach international expansion
– Common compliance mistakes during licence applications
– Why customer support remains a key part of AP’s business
– His prediction for the next major trend after prop trading
Whether you’re launching a brokerage, expanding into new markets, or following regulatory developments, this interview provides practical insights from someone with more than 20 years of industry experience.
#BrokerLicensing #Forex #CFD #Crypto #Compliance #Regulation #TradingIndustry #IFXExpo #FinanceMagnates #CySEC #UAE #Greece #PropTrading #PredictionMarkets
Are tougher regulations making broker licences too expensive? Is Greece becoming a stronger alternative to Cyprus? And could prediction markets become the next major growth area for the trading industry? In this exclusive interview from iFX Expo International 2026, Adonis Adoni, News Editor at Finance Magnates, speaks with Nicos Kezarides, CEO of A.P. Standard Chartered Corporate Services Ltd, about the biggest licensing and compliance challenges facing brokers today. Nicos Kezarides explains:
– Why A.P.
Standard Chartered operates as a one-stop shop for licensing and compliance
– The biggest regulatory challenges facing brokers in Cyprus, Seychelles, Mauritius, and beyond
– Why some firms are considering selling their licences
– Greece’s growing appeal as a licensing destination
– Why the UAE continues to attract brokers and industry talent
– How brokers should approach international expansion
– Common compliance mistakes during licence applications
– Why customer support remains a key part of AP’s business
– His prediction for the next major trend after prop trading
Whether you’re launching a brokerage, expanding into new markets, or following regulatory developments, this interview provides practical insights from someone with more than 20 years of industry experience. #BrokerLicensing #Forex #CFD #Crypto #Compliance #Regulation #TradingIndustry #IFXExpo #FinanceMagnates #CySEC #UAE #Greece #PropTrading #PredictionMarkets
FM Daily Brief – 2 July 2026
FM Daily Brief – 2 July 2026
FM Daily Brief – 2 July 2026
FM Daily Brief – 2 July 2026
FM Daily Brief – 2 July 2026
FM Daily Brief – 2 July 2026
Today’s Thursday, the 2nd of July 2026, and these are our main stories: the FCA’s crackdown is reshaping Premier League sponsorship, Trade Republic rebuilds its execution model, and Binance returns to the Philippines. Today’s Thursday, the 2nd of July 2026, and these are our main stories: the FCA’s crackdown is reshaping Premier League sponsorship, Trade Republic rebuilds its execution model, and Binance returns to the Philippines.
Today’s Thursday, the 2nd of July 2026, and these are our main stories: the FCA’s crackdown is reshaping Premier League sponsorship, Trade Republic rebuilds its execution model, and Binance returns to the Philippines. Today’s Thursday, the 2nd of July 2026, and these are our main stories: the FCA’s crackdown is reshaping Premier League sponsorship, Trade Republic rebuilds its execution model, and Binance returns to the Philippines.
Today’s Thursday, the 2nd of July 2026, and these are our main stories: the FCA’s crackdown is reshaping Premier League sponsorship, Trade Republic rebuilds its execution model, and Binance returns to the Philippines. Today’s Thursday, the 2nd of July 2026, and these are our main stories: the FCA’s crackdown is reshaping Premier League sponsorship, Trade Republic rebuilds its execution model, and Binance returns to the Philippines. Why Africa’s Trading Market Is Growing Fast | Kabelo Mathapo, Vantage Markets
Why Africa’s Trading Market Is Growing Fast | Kabelo Mathapo, Vantage Markets
Why Africa’s Trading Market Is Growing Fast | Kabelo Mathapo, Vantage Markets
Why Africa’s Trading Market Is Growing Fast | Kabelo Mathapo, Vantage Markets
Why Africa’s Trading Market Is Growing Fast | Kabelo Mathapo, Vantage Markets
Why Africa’s Trading Market Is Growing Fast | Kabelo Mathapo, Vantage Markets
Africa’s trading market is growing rapidly, driven by fintech innovation, mobile technology, digital payments, and increasing access to financial markets. In this interview from the Finance Magnates Africa Summit 2026, Adam Button speaks with Kabelo Mathapo, Business Development Manager at Vantage Markets South Africa, about the trends shaping the industry and what traders are looking for from brokers today. 🎯 Topics covered:
– Growth of retail trading in Africa
– What traders look for in a broker
– Mobile trading and fintech innovation
– Local payment solutions and financial access
– Building trust through transparency and regulation
– The future of trading across Africa
– Crypto adoption and asset-backed digital currencies
💬 “You want a broker that’s reliable, a broker that’s going to secure your money, and a broker that’s going to be there for the long term.”
Whether you’re a trader, fintech professional, broker, or simply interested in the future of financial markets, this conversation offers valuable insights into one of the fastest-growing regions in the industry. 📍 Recorded at the Finance Magnates Africa Summit 2026
#FinanceMagnates #VantageMarkets #AfricaTrading #Fintech #ForexTrading #OnlineTrading #Crypto #Investing #RetailTrading #FMAS2026 #TradingAfrica #FinancialMarkets #FintechAfrica #TradingCommunity #ForexBroker
Africa’s trading market is growing rapidly, driven by fintech innovation, mobile technology, digital payments, and increasing access to financial markets.
In this interview from the Finance Magnates Africa Summit 2026, Adam Button speaks with Kabelo Mathapo, Business Development Manager at Vantage Markets South Africa, about the trends shaping the industry and what traders are looking for from brokers today. 🎯 Topics covered:
– Growth of retail trading in Africa
– What traders look for in a broker
– Mobile trading and fintech innovation
– Local payment solutions and financial access
– Building trust through transparency and regulation
– The future of trading across Africa
– Crypto adoption and asset-backed digital currencies
💬 “You want a broker that’s reliable, a broker that’s going to secure your money, and a broker that’s going to be there for the long term.”
Whether you’re a trader, fintech professional, broker, or simply interested in the future of financial markets, this conversation offers valuable insights into one of the fastest-growing regions in the industry. 📍 Recorded at the Finance Magnates Africa Summit 2026
#FinanceMagnates #VantageMarkets #AfricaTrading #Fintech #ForexTrading #OnlineTrading #Crypto #Investing #RetailTrading #FMAS2026 #TradingAfrica #FinancialMarkets #FintechAfrica #TradingCommunity #ForexBroker
Africa’s trading market is growing rapidly, driven by fintech innovation, mobile technology, digital payments, and increasing access to financial markets. In this interview from the Finance Magnates Africa Summit 2026, Adam Button speaks with Kabelo Mathapo, Business Development Manager at Vantage Markets South Africa, about the trends shaping the industry and what traders are looking for from brokers today. 🎯 Topics covered:
– Growth of retail trading in Africa
– What traders look for in a broker
– Mobile trading and fintech innovation
– Local payment solutions and financial access
– Building trust through transparency and regulation
– The future of trading across Africa
– Crypto adoption and asset-backed digital currencies
💬 “You want a broker that’s reliable, a broker that’s going to secure your money, and a broker that’s going to be there for the long term.”
Whether you’re a trader, fintech professional, broker, or simply interested in the future of financial markets, this conversation offers valuable insights into one of the fastest-growing regions in the industry. 📍 Recorded at the Finance Magnates Africa Summit 2026
#FinanceMagnates #VantageMarkets #AfricaTrading #Fintech #ForexTrading #OnlineTrading #Crypto #Investing #RetailTrading #FMAS2026 #TradingAfrica #FinancialMarkets #FintechAfrica #TradingCommunity #ForexBroker
Africa’s trading market is growing rapidly, driven by fintech innovation, mobile technology, digital payments, and increasing access to financial markets. In this interview from the Finance Magnates Africa Summit 2026, Adam Button speaks with Kabelo Mathapo, Business Development Manager at Vantage Markets South Africa, about the trends shaping the industry and what traders are looking for from brokers today.
🎯 Topics covered:
– Growth of retail trading in Africa
– What traders look for in a broker
– Mobile trading and fintech innovation
– Local payment solutions and financial access
– Building trust through transparency and regulation
– The future of trading across Africa
– Crypto adoption and asset-backed digital currencies
💬 “You want a broker that’s reliable, a broker that’s going to secure your money, and a broker that’s going to be there for the long term.”
Whether you’re a trader, fintech professional, broker, or simply interested in the future of financial markets, this conversation offers valuable insights into one of the fastest-growing regions in the industry. 📍 Recorded at the Finance Magnates Africa Summit 2026
#FinanceMagnates #VantageMarkets #AfricaTrading #Fintech #ForexTrading #OnlineTrading #Crypto #Investing #RetailTrading #FMAS2026 #TradingAfrica #FinancialMarkets #FintechAfrica #TradingCommunity #ForexBroker
Africa’s trading market is growing rapidly, driven by fintech innovation, mobile technology, digital payments, and increasing access to financial markets. In this interview from the Finance Magnates Africa Summit 2026, Adam Button speaks with Kabelo Mathapo, Business Development Manager at Vantage Markets South Africa, about the trends shaping the industry and what traders are looking for from brokers today. 🎯 Topics covered:
– Growth of retail trading in Africa
– What traders look for in a broker
– Mobile trading and fintech innovation
– Local payment solutions and financial access
– Building trust through transparency and regulation
– The future of trading across Africa
– Crypto adoption and asset-backed digital currencies
💬 “You want a broker that’s reliable, a broker that’s going to secure your money, and a broker that’s going to be there for the long term.”
Whether you’re a trader, fintech professional, broker, or simply interested in the future of financial markets, this conversation offers valuable insights into one of the fastest-growing regions in the industry. 📍 Recorded at the Finance Magnates Africa Summit 2026
#FinanceMagnates #VantageMarkets #AfricaTrading #Fintech #ForexTrading #OnlineTrading #Crypto #Investing #RetailTrading #FMAS2026 #TradingAfrica #FinancialMarkets #FintechAfrica #TradingCommunity #ForexBroker
Africa’s trading market is growing rapidly, driven by fintech innovation, mobile technology, digital payments, and increasing access to financial markets.
In this interview from the Finance Magnates Africa Summit 2026, Adam Button speaks with Kabelo Mathapo, Business Development Manager at Vantage Markets South Africa, about the trends shaping the industry and what traders are looking for from brokers today. 🎯 Topics covered:
– Growth of retail trading in Africa
– What traders look for in a broker
– Mobile trading and fintech innovation
– Local payment solutions and financial access
– Building trust through transparency and regulation
– The future of trading across Africa
– Crypto adoption and asset-backed digital currencies
💬 “You want a broker that’s reliable, a broker that’s going to secure your money, and a broker that’s going to be there for the long term.”
Whether you’re a trader, fintech professional, broker, or simply interested in the future of financial markets, this conversation offers valuable insights into one of the fastest-growing regions in the industry. 📍 Recorded at the Finance Magnates Africa Summit 2026
#FinanceMagnates #VantageMarkets #AfricaTrading #Fintech #ForexTrading #OnlineTrading #Crypto #Investing #RetailTrading #FMAS2026 #TradingAfrica #FinancialMarkets #FintechAfrica #TradingCommunity #ForexBroker