FNG Exclusive… FNG has learned that Tallinn, Estonia based Retail FX and CFDs broker Admirals has stopped onboarding clients in the EU. Admirals serves EU clients via Cyprus based, CySEC licensed subsidiary Admirals Europe Ltd.
In a note on the top of its website (when accessed from within the EU), Admirals now states that:
Please note that registration of new clients is presently unavailable. For existing clients who have completed the onboarding procedure, trading or investing activities are not affected. Thank you for your understanding.
According to the company, the onboarding halt is both temporary and voluntarily in nature, to better comply with modern regulatory standards in the European Union. The company emphasized to FNG that its decision underscores Admirals’ commitment to compliance and adaptation to evolving regulatory standards, while maintaining uninterrupted service to its existing…
Read More
