March 29, 2024

CEX.IO company blog | CEX.IO Broker Offers Cryptoasset Margin Trading For Europeans

CEX.IO company blog | CEX.IO Broker Offers Cryptoasset Margin Trading For Europeans

International exchange CEX.IO is launching a platform aimed at European users.

CEX.IO,one of the largest international cryptocurrencyexchanges, announces the launch of the CEX.IO Broker service, a margin trading platform for crypto assets, for residents of the European Union. Previously, the CEX.IO Broker service received a CIF license for market makers from the Cyprus Securities and Exchange Commission (CySEC), operating in the European Union.

CEX.IO Broker, which is part of the CEX ecosystem.IO Group combines security with a simple, straightforward interface that enables clients to use professional trading tools. A terminal with multiple trading accounts, high-level risk management, various leverage sizes and other useful features of the CEX.IO Broker service provide the necessary flexibility in applying those margin trading strategies that best suit the style of its clients. For added convenience, traders can use a single account to access both the derivatives markets at CEX.IO Broker and the spot markets at CEX.IO.

CEX.IO Broker, licensed to operate as a Cyprus Investment Firm (CIF), can provide investment and professional trading services, including securities, derivatives and foreign exchange transactions, within the European Union under the MiFID II directive.

CEX.IO company blog | CEX.IO Broker Offers Cryptoasset Margin Trading For Europeans

Alexander Lutskevich, founder and CEO of CEX.IO

“Obtaining a license from CySEC is a key stepfor our development. Launching the service with this license provides our European users with a regulated platform on which to engage in crypto-based derivatives. CEX.IO Broker also opens the door for European forex traders to a new area and asset type. By offering a variety of services, we give our users the opportunity to develop within our ecosystem,” comments Alexander Lutskevich, founder and CEO of CEX.IO.

CySEC issued CEX.IO Broker a CIF license based on the company's compliance with all relevant requirements of the Law on Investment Services, Investment Activities and Regulated Markets of 2017.

"CEX.The IO Group has set itself the goal of eliminating technological barriers to user participation in various cryptocurrency-related activities. With the CySEC license, we give traders the ability to work with cryptocurrency derivatives in a safe and transparent environment. Our service complies with the standards applicable to regulated European firms, ”explained Alexander.

Founded in 2013, CEX.IO is a major service provider in the crypto industry, mostly known for its innovative crypto asset exchange.

For many years the group has been working to expand itsecosystem with new crypto solutions, including B2B fiat-to-crypto exchange solution CEX Direct, technical liquidity aggregation solution CEX.IO Aggregator, and identity verification and compliance platform Identance. CEX.IO recently began offering cryptocurrency-backed loans through the CEX.IO Loan program, as well as the CEX.IO Staking service. For Russian traders, margin trading is available on an international platform with support for the Russian language.

“We are delighted to have the opportunity to expand our ecosystemregulated services of the CEX.IO Broker platform. At the moment, the market is going through a stage of active growth in cryptocurrency derivatives. Our goal is to provide an elegant solution that allows users to understand the tools, manage their risks and work with assets to achieve their goals, ”added Alexander.

Open an account on our platform and trade with CEX.IO today.