Brief Look at FXORO
FXORO, the brand of MCA Intelifunds Ltd (license No. 126/10 issued by the Cyprus Securities and Exchange Commission, CySEC), has begun the process of voluntarily surrendering its license. According to an official notice on the broker’s official website, the company stopped providing investment and ancillary services on October 24, 2025. It no longer accepts new clients or opens new accounts, and all existing accounts are being closed.
In April 2024, CySEC imposed an administrative fine of EUR 360,000 on MCA Intelifunds Ltd for violations of investment services regulations. Based on this, it can be concluded that FXORO is winding down its operations as a CySEC-regulated investment firm. The broker has stopped onboarding new clients and is closing all active accounts.
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