FPFX Tech Opens Cyprus Office to Support Growth in Prop Trading

FPFX Tech, a technology provider serving the proprietary trading industry, has opened a new office in Limassol as part of its international expansion strategy.

The move is said to strengthen the company’s presence in Cyprus, a major hub for brokerage firms, with more than 200 operating globally from the country. The new office will focus on providing on-the-ground support and consultation to brokers looking to develop or expand their prop trading operations.

“Establishing FPFX Tech CY Ltd represents more than regional expansion—it reflects our strategic intent to support the rapid growth of prop trading by the industry’s leading brokerage firms and help them to acquire, engage, and monetize customers through their prop offering” said Justin D. Hertzberg, Esq., CEO of FPFX Tech.

“Our presence and team in Cyprus give us access and ability to work hand-in-hand with our brokerage clients to deliver the prop trading technology solutions they need to attract and retain the future generations of retail traders,” he added.

The office will be led by Thomas Raftis and Csongor Mihaly, both experienced in brokerage and prop trading sectors. The team plans to offer end-to-end support—from infrastructure planning to compliance and client acquisition models—for brokers entering the prop trading space.

The expansion comes amid rising interest in proprietary trading models across the retail brokerage industry. FPFX Tech, which launched in 2020, provides automation and infrastructure tools for brokers and prop firms.

FPFX Tech’s flagship Prop Trading Tech Kit is a fully automated SaaS solution that provides end-to-end support for prop trading firms. The product enables firms to streamline everything from account setup and risk monitoring to trading contests and automated account liquidations. The kit also features a customizable trader dashboard, admin CRM portal, and multilingual support.

The platform’s customization options extend across a range of components, including trader dashboards, prop plans, affiliate portals, payment gateways, trading contest software, loyalty programs, and blockchain-integrated trader certificates.