Forex4group.com operator Stocks Forex AF Ltd has CySEC license canceled
Cypriot financial regulator CySEC has announced that has decided to withdraw the Cyprus Investment Firm (CIF) authorisation with Number 283/15 of Stocks Forex AF Ltd, due to the company’s decision to expressly renounce it.
Stocks Forex AF Ltd operated the Forex4group.com website as a Retail FX and CFDs broker from 2015 to 2019, deciding then to effectively shut down. On its website, Stocks Forex AF states that it has voluntarily asked for the renunciation of its brokerage license after returning all funds to the clients.
The company said that it is currently looking at the liquidation process.