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CySEC Withdraws TTCM’s CIF Licence After Firm Renounces Authorisation

2 hours ago BrokersView

 

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the Cyprus Investment Firm (CIF) licence of TTCM Traders Trust Capital Markets Ltd, a CFD broker offering forex, indices, commodities, metals and shares.

 

The move follows the company’s voluntary decision to renounce its authorisation. CySEC published the decision on Tuesday, confirming TTCM is no longer permitted to provide investment services in or from Cyprus.

 

TTCM Traders Trust Capital Markets Ltd had operated under CySEC supervision, offering leveraged CFD products to retail and professional clients. The firm’s website continues to market its services under other international licences, though the Cyprus entity has now ceased regulated operations.

 

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