As interest in proprietary trading rises among regulated brokerages, FPFX Technologies, the US-based technology provider for the trading industry, has opened a dedicated office in Limassol, Cyprus.

The new outfit, FPFX Tech CY Ltd, aims to boost the company’s support for firms looking to expand into prop trading with tailored automation and risk management solutions.

Targeting Expansion in Prop Trading Space

“Through this office, we plan to meet and exceed the needs of regulated brokers that are looking to enter the prop space with the industry's best technology provider and risk management solutions,” the company said.

FPFX Technologies, known for SaaS solutions that enable trading firms and brokerages to scale their businesses, added that the Cyprus office represents more than just a geographic expansion. The company sees this move as a targeted push to work closely with regulated brokerages, exploring new business lines.

According to the firm, the Cyprus base enables it to offer more direct and localized support, helping brokers bridge the gap between traditional offerings and proprietary trading models. This includes custom-built trading automation and enhanced risk management solutions tailored to regulatory environments.

Expect ongoing updates as this story evolves.

Source: Finance Magnates