LIMASSOL, Cyprus-Thursday 16 January 2020 [ AETOS Wire ]
(BUSINESS WIRE)--
B2Broker, a leading liquidity and technology provider of solutions to
the forex and crypto industry, has become the first approved Forex and
CFD Liquidity Provider in Belarus after securing the National Bank of
the Republic of Belarus (NBRB) License, the company announced today. The
Forex licence is issued under the name of Prime Brokerage Services
Limited (B2Prime), part of B2Broker group of companies and allows the
company to operate in Belarus in accordance with the country’s local
legislation.
B2Broker is a well-known player in the
industry, continuing to gain growing recognition as one of the most
in-demand technology and liquidity providers for forex and crypto
brokers, crypto exchanges and other financial services entities. The
company offers a range of services including Crypto/Forex/CFD liquidity,
Crypto/Forex Broker turnkey solutions, crypto payment processing, MT4/5
white label solutions, Trader’s Room, Investment Platform offering a
vast 800 trading instruments across the entire spectrum of assets.
The National Bank of the Republic of
Belarus is endowed with the status of the sole regulator in all aspects
of the functioning of OTC Forex activities for all entities engaged in
transactions with non-deliverable OTC financial instruments.
Having a BNRB license brings various
benefits and ensures the reliability and transparency of all operations
performed due to the strict supervision of the National Bank of the
Republic of Belarus for compliance. Established risk limits and
financial standards ensure the stable and safe functioning of activities
in the Forex market.
B2Prime is also becoming a member of the local Association of Financial Market Development (ARFIN).
CEO and Founder of B2Broker, Arthur
Azizov, commented, “We are delighted to have secured regulatory approval
from Belarus and to be the first liquidity provider worldwide to obtain
this license. Our clients across the globe will be able to benefit from
an enhanced level of protection, safe in the knowledge that they are
dealing with a world-leading, multi-regulated technology and liquidity
provider. Moreover we are glad to announce the official opening of our
office in Belarus. We hope it will bring many new horizons to B2Broker’s
future.”
The newly acquired NBRB license is the
part of B2Broker’s strategic plan to have a presence in all significant
jurisdictions, focusing on the goal of becoming a global liquidity
provider.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200116005052/en/
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