CySEC Suspends Maxigrid Ltd’s License

The Cyprus Securities and Exchange Commission (CySEC) has announced that the authorization of Maxigrid Ltd, which operates through brands such as Dualix and AGM Markets, has been suspended. According to CySEC, the company carries out activities that are not specified in its authorization, and it does not always comply with the conditions of its authorization. Within one month, Maxigrid must take the necessary action to comply with its authorization provisions. During this time, the company will be able to complete all its transactions and return all funds belonging to its customers.