Cyprus is home to the majority of retail brokers offering services in Europe. In addition, it has led the firms providing services to this brokerage industry to move their base to the Mediterranean island. Buz Dealer, a public relations company offering services to brokers, recently established a new office in Limassol, Cyprus.
Buzz Dealer's New Cyprus Office
The PR company started to operate from the new Cyprus office in January, but it will be fully functional in March. It came as an addition to Buzz Dealer's existing office in Tel Aviv, Israel, and a few other branches. The move came as a part of the company's global outreach expansion program. Buzz Dealer offers online reputation management (ORM), search engine optimization (SEO), app store optimization (ASO), and performance marketing.
The new Cypriot office of Buzz Dealer will focus on offering services around sales and customer support to clients in Europe. However, it will also handle clients outside the continent. The company will relocate a portion of its staff to the new Limassol office and will add new talent.
Besides Buzz Dealer, several other brokerage industry service providers moved to Cyprus. Match-Trade Technologies opened a new Limassol office in 2021 to enhance its regional dominance. Further, several well-known brokers, including Swissquote and Equiti, have gained Cyprus regulatory licenses to improve European operations.
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