CYSEC

As a global brand, WiseTrader is committed to your trading experience. We hold a cross-border CySEC licence (Licence Number 267/15), authorizing the provision of investment and ancillary services. At WiseTrader, we ensure that we comply with EU and local regulations such as the European Markets in Financial Instruments Directive II (MiFID II) and the Cyprus Investment Services and Activities and Regulated Markets Law of 2017 L. 87(Ι)/2017.’ These regulations include provisions that protect Clients funds and financial instruments by keeping them segregated from Company’s funds in EU regulated Banks.

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REGISTRATIONS


  • Austria – FMA
  • Bulgaria – FSC Registration No. NCB 398

  • Croatia – HANFA

  • Czech Republic – CNB

  • Denmark – FSA Denmark

  • Malta – MFSA

  • Portugal – CMVM

  • Slovenia – ATVP

  • United Kingdom – FCA Registration No. 744255

  • Estonia – Finantsinspektsioon
  • Finland – FSA Finland

  • France – AMF: Registration No. 75550

  • Germany – BaFIN

  • Hungary – MNB: Registration No. K8802017

  • Norway – FSA Norway:Registration No. FT00094759

  • Romania – ASFR:Registration No. PJM01FISMCYP2012

  • Spain – CNMV:Registration No. 4133

  • Italy – CONSOB Registration No. 4479

  • Latvia – FKTK

  • Liechtenstein – FMA

  • Lithuania – LB

  • Luxemburg – CSSF

  • Poland – KNF

  • Slovakia – NBS

  • Sweden – FI

SAFETY OF CLIENT FUNDS

The most important requirement for traders is the safety of their funds. As a regulated trading platform, we protect our clients with the following procedures:

Banks
  • Eurobank Cyprus Limited – banking with a European regulated bank

PSP
  • Skrill – service provided by Skrill Limited, under the prudential supervision of the UK Financial Conduct Authority (FCA)
  • Neteller – service provided by Paysafe Financial Services Limited, under the prudential supervision of the UK Financial Conduct Authority (FCA)
  • Safecharge and Powercash21 – service provided by Safecharge Limited, under the prudential supervision of the Central Bank of Cyprus (CBC)
As a regulated Investment Firm we safeguard our Client’s funds by adopting the below procedures:
  • Keep clients’ funds segregated from our company funds, in top tier banking institutions and ensures that these cannot be used either by us or by our liquidity providers under any circumstances.
  • Member of the Investor Compensation Fund.
  • Use an automated system for monitoring funds transactions and risk management through Margin Calls for the sake of no negative balance, and thus protects clients from any losses bigger than their original investments.
  • Apply multiple transaction methods for funds withdrawals and deposits that guarantee transfer security and clients’ privacy through Secure Socket Layer (SSL) technology.
  • Embrace the investor protection measures described by the Markets in Financial Instruments Directive (MiFID).
  • Adopt clear procedures to categorize clients and assess their investment appropriateness for the sake of risk management.
  • Follow a best execution policy for executing trading orders on terms most favorable to clients.
  • Ensure trading transparency for its financial instruments by providing detailed information about trading conditions.
  • Collaborate with multiple liquidity providers to offer the best spreads and liquidity at all times.
  • Follow a no re-quotes and no extra commissions policy that could negatively affect clients’ investments.