No, it is not.
The question why is from line 3 - why do borkers need Dealing on Own Account - which is the only difference between the 200K and 1Million euro capital requirments ( I am not talking about (b) underwriting of financial instruments and/or placing of financial instruments on a firm...
Hi,
I have gone through most of the posts regarding the legal side of forming a Forex Company in Cyprus. The one thing that perplexes me that most, is the difference in capital requirments. There is the option of 200K Euros for a brokerage firm and the other option for 1million Euros where...
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