Cypriot financial regulator CySEC has announced that it has reached an agreement with licensed forex broker Teletrade-DJ International Consulting Ltd. Under the agreement, TeleTrade must pay a fine of EUR120,000. The company provides several websites, including teletrade.eu. The agreement refers to the organizational requirements, the information provided to the customers and the obligation to execute orders under the most favorable conditions for the customer.
TeleTrade Fined EUR120,000 by CySEC
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