'fxfinpro.com' is a domain owned and operated by PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840, having its principal place of business at 82 Nikou and Despina Pattichi Avenue, Maritania Court, Office 101, Kato Polemedia, 3070 Limassol, Cyprus (hereinafter the ‘Company’).
The Company is regulated as a ‘Cyprus Investment Firm’ (‘CIF’) by the ‘Cyprus Securities and Exchange Commission’ (‘CySEC’) under License nr. 193/13.
Cyprus Securities and Exchange Comission (CySEC) has been founded to maintain the proper regulation and supervision over CIFs pursuant to Paragraph 5 of the Cyprus Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001, as the same may be modified and amended from time to time. CySEC’s task encompass, inter alia, the control and supervision over the operations of currency markets and trading deals that take place in these markets. It also carries out a number of other functions in accordance with its legal powers.
As such, the legal powers of CySEC include, inter alia:
- Supervision and control over issuers of financial securities tradable at the exchange;
- Inspection of companies, brokers, investment consultants and managers of open-end fund companies;
- Licensing of investment companies, investment firms and brokers;
- License revoking due to special reasons;
- Carrying out disciplinary actions and administrative penalties against brokers, investment consultants and other individuals and legal entities under its jurisdiction.