Regulation and licence

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

Regulation and licence

The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.

CySEC may:

  • Grant operating licenses to entities under its supervision.
  • Suspend and revoke the licenses of entities under its supervision.
  • Supervise and regulate the operation of the Cyprus Stock Exchange and of other organised markets in the republic and the transactions carried out in these markets.
  • Supervise and regulate the agencies under its supervision
  • Impose administrative and disciplinary sanctions provided by the law.
  • Issue regulatory directives and decisions.

Tradestone Ltd is licensed by CySEC to offer the following Investment and Ancillary Services:

  • Reception and transmission of orders.
  • Execution of orders on behalf of clients.
  • Dealing on own account.
  • Safekeeping of financial instruments and custodianship of cash/collateral management.
  • Granting credits or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction.
  • Foreign exchange services which are connected to the provision of investment services.
  • Investment research and financial analysis.

Eu directives & Memberships

Market in Financial Instruments Directive (MiFID I & II)

MiFID is the Markets in Financial Instruments Directive (2004/39/EC). It has been applicable across the European Union since November 2007. It is a cornerstone of the EU's regulation of financial markets seeking to improve their competitiveness by creating a single market for investment services and activities and to ensure a high degree of harmonised protection for investors in financial instruments.

MiFID II/MiFIR came into effect on 3 January 2018. This new legislative framework strengthens the investor protection and improves the functioning of financial markets making them more efficient, resilient and transparent.

4th Anti-Money Laundering Directive

On 25 June 2015, the EU Fourth Directive was enacted and it’s the most sweeping AML legislation in Europe. With a two-year window for implementation, all EU member states must be compliant with the new mandates by 26 June 2017

Investor Compensation Fund (ICF)

Tradestone Limited is a member of the Investor Compensation Fund, a scheme which serves to protect eligible retail clients by paying compensation in the event that a company fails to reimburse funds and/ or financial instruments due to financial issues, as applicable.