Licenses & Regulation
We understand that the safety of funds and operational transparency are top priorities for our clients.
Financial Conduct Authority (FCA)
Brandname is authorised and regulated by the Financial Conduct Authority (registration number 000000).
The Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.
Cyprus Securities and Exchange Commission (CySEC)
Brandname Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number 000/00), the supervisory and regulatory authority for investment service firms in Cyprus. CySEC participates in the European Securities and Markets Authority (ESMA) Board of Supervisors.
Brandname holds a cross-border CySEC licence, authorising the provision of investment and ancillary services. We are governed by the EU and local regulations such as the European Markets in Financial Instruments Directive (MIFID II) and the Cyprus Investment Services and Activities and Regulated Markets Law of 2017 Law 87 (I)/2017
MIFID II
MIFID II Directive 2014/65/EU came into force on 3rd of January 2018 to strengthen investor protection and improve the functioning of financial markets making them more efficient, resilient and transparent. The Directive was adopted in Cyprus through the Cyprus Investment Services and Activities and Regulated Markets Law of 2017 (Law 87(I)/2017).
The key objectives of the European Union’s Markets in Financial Instruments Directive (MiFID II) are: to improve levels of efficiency, to increase financial transparency, to promote competition and to effectively protect consumers. MiFID II also allows investment firms to provide investment and ancillary services within the territory of another member state, provided that such services are covered by the investment firm’s authorisation.
Protecting Client Funds
XETRD operates in strict compliance with international regulatory standards and meets all necessary requirements to protect traders’ interests.
Segregation of Funds
Our clients’ funds are held in major international banks and are fully separated from the company’s own assets. This ensures their safety and prevents their use in the broker’s operational activities.
Mitigating Counterparty Risks
We ensure complete transparency of all transactions and provide clients with access to detailed information on trades and financial movements.