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The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) license of IFCM Cyprus Ltd.

The withdrawal is in line with section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of the Directive DI87-05.

The regulator notes the company’s decision to expressly renounce its authorisation.

The firm operates via www.ifcmarkets.eu and www.icmetrica.com. Its trade name is ICmetrica, as indicated on CySEC’s website.

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