In order to protect invested funds, when selecting a company for a long-term partnership a professional trader should consider not only the company's trading conditions but also, most importantly, make sure that the company's operations comply with the relevant country's legal requirements and with internationally recognized financial standards.
The EXNESS Group has obtained the necessary licenses to operate in the financial services industry and participates in the activities of special-purpose organizations for protecting traders' interests according to the rules and regulations of each country as applicable.
EXNESS (Cy) Ltd is authorized and regulated by the CySEC with license number 178/12 to offer Contracts For Difference (CFDs) in various underlying products. EXNESS (Cy) Ltd operates the website of www.exness.eu.
The CySEC is the supervisory and regulatory authority for investment services firms in Cyprus. CySEC is a member of the European Securities and Markets Authority (ESMA).
EXNESS (CY) Ltd complies with the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 Law 144 (I)/2007, the transposition of the European Markets in Financial Instruments Directive (MiFID) in Cyprus.
EXNESS (Cy) Ltd is a member of the Investor Compensation Fund, which serves to protect and secure the claims of covered clients and provide them with compensation in instances where the member of the Fund cannot meet its financial obligations.
BaFin, the agency for central oversight of financial services in Germany, is part of the Government of the Federal Republic of Germany. BaFin's legal status and function are defined in the "Law on Federal Administration of Financial Oversight", the "Law of the Federal Republic of Germany on Banking Activities", and other special laws. When performing oversight of banks and investment companies BaFin works closely with the German Federal Bank.
AFM was founded in 2002 and is the successor of the Securities Board of the Netherlands. Today this regulatory body monitors the majority of the country's entire financial market. AFM is subordinate to the Ministry of Finances, but it performs independent oversight.
CNMV is an agency of the government's executive branch. It is responsible for regulating Spain's financial market. It is an independent organization, subordinate to Spain's Ministry of Economics and Finance. In 1998-2002 CNMV's authority and responsibilities were reviewed in accordance with the legal requirements of the European Union. This made possible the next step toward development of the financial markets, including measures to protect investors.
CONSOB is a government agency responsible for regulating Italy's securities market, including the Borsa Italiana exchange. CONSOB was founded in 1974, assuming some of the functions of the Ministry of Finance. Initially, its task was essentially to oversee the securities market. The agency's authority and responsibilities have grown considerably with time.
Finansinspektionen is an agency under Swedish Government. It is responsible for financial regulation. The scope of its control consists of oversight, regulation, and conflict resolution in the financial market. The agency is subordinate to the Swedish Ministry of Finances. It was founded in 1991 to serve as the sole regulatory body in banking, the securities market, and insurance.
Komisja Nadzoru Finansowego is a government agency responsible for financial market oversight in Poland. It was created in 2006. Before 2008 the commission provided oversight of insurance companies, pension funds, the capital market, and financial conglomerates. Since January 1, 2008, the Commission has assumed responsibility for banking oversight and oversight of institutions performing electronic money operations.
EXNESS LIMITED, part of EXNESS Group, has a License for "Trading in financial and commodity-based derivative instruments and other securities" No. IFSC/60/315/TS/14, issued by the Belize International Financial Services Commission.
EXNESS LLC, part of the EXNESS Group, is a member of the SRO NP CRFIN. SRO NP CRFIN is a self-regulatory organization that promotes the development of effective mechanisms to regulate the OTC segment of the forex market. CRFIN develops and introduces standards and rules for its members' operations, monitors compliance, and analyzes the operations of companies participating in the SRO.
In accordance with SRO NP CRFIN's "Standards and Regulations of Professional Activities", EXNESS has been designated an "A-Group Forex Company" (SRO NP CRFIN Membership Certificate A-6). EXNESS LLC participates also in the CRFIN Compensation Fund.