FxPro UK Limited, a subsidiary of FxPro Financial Services Ltd, is authorised and regulated by the Financial Conduct Authority (previously FSA) (FCA) Reg. No. 509956. The FCA is the regulator of the financial services industry in the UK and is renowned worldwide as a leader in financial services regulation. The FCA is an independent non-governmental body, given statutory powers by the UK’s Financial Services and Markets Act 2000. The FCA’s key objectives are:
FxPro UK Limited ensures it meets all the FCA’s requirements as a fully authorised firm.
FxPro Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number 078/07) and holds a cross border licence, authorising the company to provide investment services internationally.
The Cyprus Securities and Exchange Commission (CySEC) is the supervisory and regulatory authority for Investment Services firms in Cyprus and is a member of the Committee of European Securities Regulators (CESR).
FxPro Financial Services Ltd complies with all applicable EU and local regulations including the European Markets in Financial Instruments Directive (MiFID) and the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007).
The European Parliament and Council adopted the Directive 2004/39/EC, dated 21 April 2004, on Markets in Financial Instruments (MiFID), which came into effect on 1/11/2007 and aims to regulate the markets of financial instruments for provision of investment services and activities within the European Economic Area (EEA). The Directive has also been adopted in Cyprus through the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007).
The European Union’s Markets in Financial Instruments Directive (MiFID) provides a harmonised regulatory regime for investment services within the European Economic Area. The main objectives of the Directive are to increase efficiency, enhance financial transparency, increase competition, and offer greater consumer protection in investment services. One of the unique principles of MiFID is that an investment firm may freely provide its investment and ancillary services within the territory of another member state and/or a third country, provided that such services are covered by the investment firm’s authorisation.
FxPro UK Limited has been certified as achieving the “Investors in People” standard.
Investors in People is a business improvement standard offering information on the standard, support services, and research materials. Investors in People is administered by the UKCES (UK Commission for Employment and Skills). The Investors in People framework comprises numerous fundamental principles. These principles detail the criteria companies are required to meet in order to achieve the business standard. The evaluation process is performed by licensed Investors in People establishments and, granted the external appraisers can find enough evidence of practices and policy in accordance with each criteria, the company achieves the ‘Investors in People’ standard.
FxPro is a member of:
FxPro UK Limited is a member of the Financial Services Compensation Scheme. This is the UK's statutory fund of last resort for customers of authorised financial services firms. This means that the FSCS can pay compensation to consumers if a financial services firm is unable, or likely to be unable, to pay claims made against it. Further information regarding the purpose and role of the FSCS can be found on their website at http://www.fscs.org.uk
FxPro Financial Services Limited is a member of the Investor Compensation Fund, the objective of which is to secure any claims of covered clients against members of the Fund and to compensate covered clients for any claims arising from malfunction by a member of the Fund in fulfilling its obligations whether that obligation arises from legislation, the client agreement or from wrongdoing on the part of the member of the Fund.
Risk Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of CFDs is not a reliable indicator of future results. Most CFDs have no set maturity date. Hence, a CFD position matures on the date you choose to close an existing open position. Seek independent advice, if necessary. Please read FxPro’s full ‘Risk Disclosure Statement’.
FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (previously, Financial Services Authority) (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07).
FxPro Group Limited is a holding company that controls FxPro Financial Services Limited. FxPro UK Limited is a direct operating subsidiary of FxPro Financial Services Limited. FxPro Financial Services Limited and FxPro UK Limited do not offer Contracts for Difference to residents of certain jurisdictions such as United States of America and the Islamic Republic of Iran.