EN#0107 – STP CySEC CIF for sale – Sold

A straight-through processing (STP) broker, regulated by CySEC  as a Cyprus Investment Firm (CIF) is available for sale.

The entity has no complaints against it and maintains the minimum share capital of 125,000 EUR in the bank as per CySEC regulated.

Other highlights include:

1. 1. Monthly expenses around 40 to 45,000 EUR per month (including salaries, outsource services, rental fee, IT, CBG).
   2. Profit is negative as the company has minimal operations and client as to only keep its license active.
   3. Clients’ funds and corporate accounts in 2 banks.
   4. Licensed for:
      • The ancillary service of Safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management and excluding maintaining securities accounts at the top tier level.
      • Portfolio management,
      • Investment advice,
      • while Brokerage (Reception and transmission of orders in relation to one or more financial instruments and Execution of orders on behalf of clients) is at the last stage requiring activation.

For further information of the sale, please contact us at info@salvusfunds.com