CySEC Orders RoboMarkets to Stop Providing Non-Cash Bonuses to Retail Clients

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The Cyprus Securities and Exchange Commission (CySEC) has ordered retail forex broker RoboMarkets to stop providing non-cash rewards to retail clients. The broker was found to be engaging in activities that did not comply with the legal requirements and providing non-monetary rewards to its clients. Thus, CySEC ordered the company to completely cease any activity of providing non-monetary remuneration to its retail CFD clients.

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