REGULATION AND LICENSE

Tradestone Ltd. (FBS) is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 331/17.

REGULATION AND LICENSE

The Cyprus Securities and Exchange Commission (CySEC) is an independent financial regulatory authority responsible for controlling investment services and transactions in transferable securities carried out in Cyprus.

CySEC regulates the entities under its supervision and performs the following:

  • Grants, suspends, and revokes operating licenses.
  • Supervises and regulates the Cyprus Stock Exchange and other organized markets in the republic as well as the transactions carried out in these markets.
  • Imposes administrative and disciplinary sanctions to those who fall under the legislation.
  • Issues regulatory directives and decisions.
  • Impose administrative and disciplinary sanctions provided by the law
  • Issue regulatory directives and decisions

As a European brokerage company, Tradestone Ltd. (FBS) is in full compliance with the Markets in Financial Instruments Directive (MiFID) that provides regulation for investment services in the European Economic Area (EEA).

  • Reception and transmission of orders
  • Execution of orders on behalf of clients
  • Dealing on own account
  • Safekeeping of financial instruments and custodianship
  • Granting credits or loans to one or more financial instruments
  • Foreign exchange services which are connected to the provision of investment services
  • Investment research and financial analysis

CySEC Benefits for Traders

Fairness and transparency

The third-party controls the reception, transmission, and execution of orders. In case CySEC brokers fail to operate fairly, they risk of having sanctions and penalties imposed on them, and even losing the license.

MiFID II/MiFIR came into effect on 3 January 2018

Regular reporting

The regulated brokers submit financial statements to the governing bodies to guarantee that the company is adhering to the highest compliance standards.

Insurance

Tradestone Ltd. (FBS) is a member of the Investor Compensation Fund, the aim of which is to protect investors if the broker becomes bankrupt and is unable to fulfill its contractual obligations.