US-based FPFX Partners opens Cyprus office

FPFX, a US-based SaaS company providing automated technology for proprietary trading firms, has opened an office in Limassol.

According to an announcement, the new outfit, registered as FPFX Tech CY Ltd, is focused on helping clients in Europe expand into prop trading.

“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,” the announcement continued.

The same announcement notes that the company aims to meet the needs of regulated brokers entering the prop trading space with automation and risk management solutions.

“FPFX Technologies offers custom-built trading automation and enhanced risk management solutions for prop trading firms. 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,” it said.

“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 localised 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.

“At FPFX Tech, our core mission is to simplify and automate the entire prop trading ecosystem for prop firm operators and to deliver the tools and trading experience their traders need to succeed,” Justin Hertzberg, CEO of FPFX Tech, commented.

Justin Hertzberg

Soon after opening its Cyprus office, meanwhile, FPFX Partners also announced that it had entered into a partnership with Acuity Trading on Prop Trading Tools.

According to an announcement from the company, the partnership gives clients access to the Research Terminal, offering sentiment analysis, market news, and data tools. The collaboration is now active in Southeast Asia, the US, UK, Australia, and Canada, it said.