VSTAR can Take Your Trading to the Next Level

Soho Markets Global Ltd. is authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) under licence number #409/22. Cyprus is a member of the European Union which enables all CySEC Forex brokers to expand their services throughout the European countries; therefore, they must adhere to European MiFID financial guidelines. Under CySEC laws, traders’ funds must be kept in segregated accounts, completely separate from Broker’s funds, at top-tier European banks for extra protection. Moreover, Cyprus brokers are a member of ICF (Investor Compensation Fund) which ensures clients’ funds up to 20,000 Euro

The purpose of Financial Instruments (MiFID) is to regulate financial markets and the provision of investment services and activities within the European Economic Area (EEA). Its primary goal is to promote efficiency, financial transparency, competition, and consumer protection in investment services across the EEA. Investment firms can provide their services within other member states or third countries if their services are covered by their authorization under the MiFID. Companies authorized under the MiFID must comply with transparency and good conduct standards across Europe and are thus permitted to provide cross-border services.

The Financial Services Commission (FSC) is an integrated regulatory body in Mauritius in charge of regulating and licensing all the financial institutions, forex brokerage companies, and any other entities registered under its laws and regulations. The FSC licenses, regulates, monitors and supervises the conduct of business activities in the financial services sector other than banking. Additionally, all the registered members of FSC are to meet the compliance requirements as specified by the organization.