Cyprus-based forex broker FXPrimus said on Tuesday it has launched VIP Trading Signals. Traders can access them via their members area dashboard.
“These Trading Signals ensure that clients have valuable trading alerts as and when they happen,” the broker said in a notice. The broker did not provide any details concerning the new trading signals.
Trading signals represent an automated service that allows traders to set specific trade requirements. When certain market conditions are met, the service triggers alerts that inform traders it is the right time to place an order.
FXPrimus is a broker of forex, commodities, energies and indices. It holds a license by the Cyprus Securities and Exchange Commission (CySEC) since December 2014 and can offer its services to clients from all EU member states.
It used to hold a license in the Mauritius, but in late March this year the local financial regulator, the Financial Services Commission (FSC), revoked the broker’s license, after suspending it in May 2015 for an indefinite period. The reason was that the Mauritius regulator found FXPrimus guilty of breaching several local laws.