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CySEC withdraws CIF license of FXVC operator Finteractive

CySEC announces that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of Finteractive Ltd.

FXVC was one of a handful of CySEC-licensed brokers which, in 2021, was banned from offering CFDs in the UK.

The FCA has become aware that former FXVC customers have been targeted by scammers, claiming they can recover customers’ funds.

The FCA has acted to stop Finteractive Limited (trading as FXVC), from offering high risk CFDs to UK investors.