HotForex Fined by CySEC €105,000 for Outsourcing Calls and Misrepresenting Risk

The board of the Cyprus Securities and Exchange Commission (CySEC) has fined HF Markets, the parent company of HotForex. It was fined in January 2016 for multiple violations of the securities laws in the country. The fine totaled €105,000 with a detailed breakdown of the different violations officially published by the regulator. Read more