Hello. A buddy of mine got an interview for an entry-level broker position from Forex brokerage house named IronFX HQed in Cyprus. I wasn't able to give him a decent advice since I have no connection with FX house in Cyprus or FX brokers, even in here HK.
Hope to hear from experts with solid experience in FX. Thank you for your advisement in advance.
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It's highly likely that Cyprus is not their headquarters (no operations/building) but rather it is their domicile due to a 10% corporate tax rate. It's common for holding companies to have domiciles in tax havens.
Source: http://www.worldwide-tax.com/cyprus/cyprus_tax.asp
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