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FXGM Operator Depaho Fined 270,000 Euro by CySEC Over Organisation, Conflicts and Order Execution
CySEC settled a 270,000 euro case with Depaho, the operator of forex broker FXGM, over failings in how the firm was organised and how it handled clients’ orders, and later moved to suspend the firm’s licence. Execution is where a broker’s conduct touches your money most directly.