Swissquote Malta has applied Surrender of License


On the 9th of February 11, 2015 the Malta Financial Services Authority (“MFSA”) made a public notice that the Swiss Forex giant Swissquote’s Maltese branch has applied surrender of its Category 3 Investment Services Licence.

The maltese watchdog made it clear that the Swissquote Malta's surrender of license is entirely voluntary based on company’s decision and does not arise as a result of any regulatory action taken by the MFSA.

The MFSA accepted the surrender of the Company’s Category 3 Investment Services License with effect from 9 February 2015.

As Category 3 Investment Services License holding entirety, Swissquote Malta was authorised to provide the following Investment Services in Malta:

Reception and Transmission of Orders

Execution of orders

Dealing on own account

for Retail Clients

for Professional Clients (including collective investment schemes)

for Eligible Counter-parties

Source: Surrender of Licence by Swissquote Financial Services (Malta) Limited

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