Match-Prime: regulation and key facts
The key terms for evaluating a liquidity provider, clearly defined, with how each applies at Match-Prime
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Match-Prime is the trading name of MTG Liquidity Ltd, a Cyprus Investment Firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence 390/20 since 12 October 2020. It provides prime of prime liquidity to regulated forex and CFD brokers and other institutions, and works with professional clients and eligible counterparties only.
Key facts
- Legal entity
- MTG Liquidity Ltd, trading as Match-Prime
- Regulator
- Cyprus Securities and Exchange Commission (CySEC)
- Licence
- Cyprus Investment Firm, licence 390/20, granted 12 October 2020
- Company registration
- HE392680 (Cyprus)
- Clients
- Regulated brokers and institutions; professional clients and eligible counterparties only. No retail clients.
- Execution
- Match-Prime acts as principal. No last look.
- Instruments
- 2,000+ across eight asset classes
- Head office
- Nicosia, Cyprus. Other offices: Limassol, Cyprus, and Dubai, UAE.
- Technology
- Match-Trader PRO and HawkEye RMS, developed with Match-Trade Technologies
- Industry codes
- Statement of Commitment to the FX Global Code, signed 19 January 2026
- Disclosures
- Pillar III reports for every year since 2020
Is Match-Prime regulated?
Yes. MTG Liquidity Ltd, which trades as Match-Prime, is a Cyprus Investment Firm authorised by CySEC under licence 390/20, granted on 12 October 2020. CySEC's public register lists the licence and names www.match-prime.com as the firm's approved domain.
Check the licence on CySEC's register
The licence covers these services. The financial instruments are MiFID II Annex I, Section C, numbers 1, 4 and 9: transferable securities, derivatives on securities, currencies, interest rates and financial indices, and contracts for difference.
| Investment services | Ancillary services |
|---|---|
| Reception and transmission of orders | Safekeeping and administration of financial instruments |
| Execution of orders on behalf of clients | Granting credit or loans connected with a transaction the firm is involved in |
| Dealing on own account | Foreign-exchange services connected with investment services |
Match-Prime provides cross-border services where the regulatory framework permits. Client eligibility, product availability and onboarding remain subject to due diligence.
Who does Match-Prime work with?
Match-Prime works with regulated forex and CFD brokers, financial institutions and other institutional trading businesses. Every client is classified as a professional client or an eligible counterparty under Match-Prime's Client Categorisation Policy. Match-Prime does not accept retail clients.
How does Match-Prime price its liquidity?
Commercial terms are agreed with each client and set out in its agreement. Match-Prime does not publish a minimum monthly fee.
The terms Match-Prime announced at its launch in 2020–22 no longer apply, including a minimum monthly fee and a three-month free trial. Some older articles and third-party listings still quote them.
Where Match-Prime publishes default terms, they appear on the product page with the date they took effect. The 24/7 CFDs on gold, silver, WTI, US100 and US500, for example, launched on 3 June 2026 with 5x leverage (20% margin) and a $1 million NOP limit.
Brokers can test a demo setup before committing.
How does Match-Prime execute trades?
Match-Prime acts as principal. A broker's orders are executed in full against Match-Prime on the terms quoted, and Match-Prime hedges its own risk separately.
- No last lookMatch-Prime does not hold a broker's order for a further price check before accepting or rejecting it.
- Symmetric slippageMatch-Prime does not apply asymmetric slippage, and does not reject or re-quote orders on the basis of whether a position is hedged.
- Re-quotesUnder the order execution policy, instant orders can be re-quoted when the requested price is no longer available. Market and pending orders are not re-quoted.
- Risk controlsHawkEye RMS monitors flow against twenty risk and conduct patterns. It restricts only the activity that breaches the agreed terms, for the trader concerned, and only after three independent checks agree.
Five named days, measured.
Match-Prime publishes execution reports from named market-stress events, with the date and instrument of each.
How is client money held?
Client money is held in segregated client accounts, separate from Match-Prime's own funds. The amount held is reported each year in the Pillar III disclosure.
How is Match-Prime capitalised?
Match-Prime's regulatory capital is held entirely as Common Equity Tier 1, with no borrowings. At 31 December 2025, own funds stood at 527% of the requirement set under the EU Investment Firms Regulation. Pillar III reports for every year since 2020 are on the legal documents page.
Where is Match-Prime based?
| Office | Address |
|---|---|
| Nicosia, Cyprus Head office | 1st Floor, Office 101, 64 Leoforos Aglantzias, Aglantzia, Nicosia 2108, Cyprus |
| Limassol, Cyprus | Office 101, Agiou Athanasiou 10, Ksenos Building, Limassol 4105, Cyprus |
| Dubai, UAE | Office 3003, 30th Floor, Latifa Tower, Sheikh Zayed Road, Dubai |
Who runs Match-Prime?
| Name | Role |
|---|---|
| Andreas Kapsos | Chief Executive Officer |
| Vladimiros Spanos | Chief Operating Officer |
| Despina Savvidou | Chief Risk Officer |
| Alexander Polyviou | Head of AML & Compliance |
| Maria Vrahimi | Head of Back Office |
Documents and disclosures
All of these are on the legal documents page:
- Client's Agreement
- Best Interest and Order Execution Policy
- Client Categorisation Policy
- Conflict of Interest Policy
- Complaints Handling Policy
- Risk Disclosure
- Pillar III reports, 2020 to 2025
- RTS 28 publications, 2020 to 2025
- FX Global Code Statement of Commitment (19 January 2026)
This page summarises facts about MTG Liquidity Ltd at the date shown. The client agreement and the policies on the legal documents page govern every client relationship. Match-Prime is a trading name of MTG Liquidity Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (licence 390/20). Services are for professional clients and eligible counterparties only.