IronFX Group Regulations
One of the client's top criteria on selecting a trading firm is to find a regulated entity where EU regulations will be adhered at all times.
Trading with a regulated investment firm, clients are comfortable that proper security, transparency and integrity on their daily transactions will occur.
IronFX Group is authorized, regulated, registered and is a member of the below competent authorities/ regulators as well as professional and governmental bodies:
Financial Conduct Authority (FCA)
Registration Number: 585561
IronFX Global UK Limited is authorized and regulated by the Financial Conduct Authority (formerly the FSA) under Registration No 585561.
The Financial Conduct Authority (FCA) regulates the financial services in the United Kingdom and promotes the financial industry's stability as well as the security of customers.
Through their known fair approach, their investigative and enforcement powers, the FCA puts consumer interests at the heart of their priorities by doing the maximum to minimise financial foul play. Governed by a board appointed by the Treasury, the FCA's legislation establishes the Financial Services and Markets Tribunal which is run by the Department of Constitutional Affairs which reviews and takes regulatory decisions under consideration in case an agreement with a firm or an individual cannot be reached.
AFSL Number: 417482
IronFX Global (Australia) Pty Ltd, a subsidiary of IronFX Financial Services Limited, is authorised and regulated by the Australian Securities and Investment Commission (ASIC), under AFS licence number 417482.
ASIC is Australia’s corporate markets and financial services regulator and contributes to Australia’s economic reputation and wellbeing by ensuring that Australia’s financial markets are fair and transparent, supported by confident and informed investors as well as consumers. ASIC is an independent Commonwealth Government body, which is set up under and administers the Australian Securities and Investments Commission Act (ASIC Act) and it carries out most of its work under the Corporations Act. As the financial services regulator, ASIC licenses and monitors financial services businesses to ensure that they operate efficiently, honestly and fairly.
IronFX Global (Australia) Pty Ltd is a member of the Financial Ombudsman Service (FOS), which is an approved Australian external dispute resolution scheme that can deal with complaints about all of the financial services under its AFSL
License Number: 125/10
The Cyprus Securities and Exchange Commission, better known as CySEC, is the financial regulatory agency of the Republic of Cyprus. Since Cyprus became a member of the European Union in 2004, CySEC has become part of European MiFID regulation.
CySEC has a number of responsibilities, some of which include: supervising and controlling the operations of the Cyprus stock exchange and the transactions carried out in the stock exchange, its listed companies, brokers and brokerage firms. Furthermore, CySEC is the supervisory body of the Cypriot investment firms and is a member of the European Securities and Markets Authority (ESMA).
IronFX Global is authorised and regulated by CySEC and is freely permitted to provide investment and ancillary services or/and perform investment activities (i.e. EU Cross Border services) in the United Kingdom, Germany, Spain and in any other EEA member state.
CRFIN - Center for Regulating OTC Financial Instruments and Technologies
Membership no. A-8
CRFIN is a non-profit self-regulating organization in Russia. It has as its mission the promotion and improvement of the development of transparency and protection of interests of participants in the Russian over-the-counter Forex market.
CRFIN creates and implements standards and regulations in the Forex industry. CRFIN is the most-recognizable Russian organization in the Forex industry and includes international and Russian largest brokers as its member.
IronFX Russia LLC is a member of CRFIN (Membership no. A-8).
Financial Services Provider (FSP)
Registration Number: FSP298966.
IronFX is registered as a Financial Services Provider (FSP) in the New Zealand FSPR.
The New Zealand Financial Service Providers’ Register (FSPR) is a government organization overseeing financial services companies that are authorized to provide financial services to retail clients and guarantee the financial industry’s transparency.
IronFX Global NZ Limited is authorized and regulated as a FSP under the registration number FSP298966.
Banque de France
The Banque de France is France's central bank located in Paris and is linked to the ECB (European Central Bank). Implementing policies of the ESCB (European System of Central Banks), the Banking and Financial Regulatory Committee of the Banque de France is charged with fixing the general regulations applicable to investment firms and credit institutions within the framework of the guidelines set by the Government. The regulations set for investment firms includes capital adequacy obligations, accounting and management standards as well as internal control procedures.
AFM – Autoriteit Financiële Markten
The AFM is the Authority for the Financial Markets in the Netherlands, which has started assuming responsibility for supervising the operations of the financial markets since the 1st of March 2002. The AFM is charged with taking care of the surveillance of the financial market sector as a whole, including savings, investment, insurance and loans, therefore ensuring the proficient operation of these markets. Through its mission, the AFM aims to ensure the fair and orderly state of those markets following the guidelines in the Ministry of Finance’s policy document “Review of the supervision of the financial market sector” ('Herziening van het toezicht op de financiële marktsector').
The Markets in Financial Instruments Directive 2004/39/EC (MiFID) as subsequently amended is a European Union law that provides harmonised regulation for investment services across the 30 member states of the European Economic Area (the 27 Member States of the European Union plus Iceland, Norway and Liechtenstein). MiFID retained the principles of the EU 'passport' introduced by the Investment Services Directive (ISD).
IronFX is fully compliant with MiFID regulation, since the latter has been introduced by the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007)
BaFin - Bundesanstalt für Finanzdienstleistungsaufsicht
BaFin is the federal institution which regulates financial markets in Germany. The regulatory body is based in Bonn and Frankfurt and was created in 2002 via the Financial Services and Integration Act, currently under the supervision of the German Federal Ministry of Finance. BaFin currently supervises around 700 financial institutions, about 1850 banks and several hundred insurance undertakings. Forex companies regulated by BaFin are held to respect a certain number of norms and requirements, namely going through annual audits by BaFin, ensuring a segregation of client funds from the company's own funds for the clients to avoid any risk of insolvency, as well as guaranteeing a follow-up of any demands and complaints from investors.
CNMV - Comisión Nacional del Mercado de Valores
The CNMV (Spanish national financial market commission) is an independent agency held under the Ministry of Economy and Finance of Spain, responsible for surveying and regulating the Spanish financial securities markets and of the activity of all of its actors. It was created in 1988 and its role consists in overseeing the transparency of the financial markets and of protecting investors. The CNMV also controls the information given by investment services firms.
FI – Finansinspektionen
Finansinspektionen, a central administrative authority from Sweden with a board appointed by the government, is responsible with supervising and analysing trends in the financial market. They evaluate the financial health of individual companies as well as various sectors and the financial market as a whole, whilst examining the risks and control systems in financial companies.
CNB – Czech National Bank
The CNB is the central bank of the Czech Republic and the supervisor of the Czech financial market. An entity governed by public law and is established under the Constitution of the Czech Republic, it is vested with the powers of an administrative authority to the extent stipulated by law. The CNB's primary objective is to achieve and maintain price stability by creating a low-inflation environment in the economy, and Central bank independence is a prerequisite for effective monetary instruments conducive to price stability. The CNB also performs supervision of the banking sector, the capital market, the insurance industry, pension funds, credit unions and electronic money institutions, as well as foreign exchange supervision.
CMVM – Comissão do Mercado de Valores Mobiliários
The Portuguese Securities Market Commission is an independent public institution founded in 1991. The CMVM has administrative and financial autonomy and is responsible for supervising and regulating securities and other financial instruments markets, as well as the activity of all those who operate within those markets. The Portuguese Securities Market Commission is charged with detecting improper doings and criminal offences, monitoring compliance rules, as well as imposing punishments and fines on anybody carrying out infringing activities.
PSZAF - Pénzügyi Szervezetek Állami Felügyelete
The Hungarian Financial Supervisory Authority oversees the activities and principles of fair conduct by financial organisations. The PSZAF also ensures effective and prudent operation of the financial system, and performs the tasks of independent supervisory control.
KNF – Komisja Nadzoru Finansowego
The Polish Financial Supervision Authority monitors the country's financial services industry including credit institutions, insurance firms, investment companies, exchanges, pension schemes as well as payment institutions and credit unions. The KNF ensures regular market operation, stability, security and transparency, confidence and also ensures that the interests of market actors are protected.
Consob - Commissione Nazionale per le Società e la Borsa
The Italian Securities and Exchange Commission carries out several functions, namely regulating the investment services and operations of intermediaries, the reporting obligations of companies listed on regulated markets and the solicitation of investment from the public. It also authorises the operations of regulated markets and the centralised management of financial instruments, monitors the transparency and orderly conduct of trading and the fairness of the conduct of intermediaries and financial representatives.
Member of the Investor Compensation Fund (ICF)
IronFX Global Limited is a member of the Investor Compensation Fund and our clients may be eligible to have a payment in case of the inability/failure of the member to fulfil its financial obligations.
Member of the Cyprus Financial Services Firm Association (CFSFA)
IronFX Global Limited is a member of the C.F.S.F.A. Reputability, professionalism, respectability and reliability are the main factors that characterize the operation of the Association and its Members.
The primary aim and goal of the Association is the provision of support and services to its Members in all aspects of their activities, including the prompt and reliable briefing on Legislation, Regulations, Directives and other institutional arrangements, relating to their daily work.
Member of the Financial Ombudsman Service (FOS Australia)
The Financial Ombudsman Service (FOS) is an Australian government not-for-profit external dispute resolution service for the financial services industry, approved by the Australian Securities and Investment Commission (ASIC). IronFX Global (Australia) Pty Ltd in an attempt to offer the highest protection, is a member of the Financial Ombudsmen Service (FOS) of Australia, an independent dispute resolution body that resolves disputes between consumers/clients and members.
Member of the Financial Ombudsman Service (FOS UK)
The United Kingdom's Financial Ombudsman Service is an ombudsman established in 2001 as a result of the Financial Services and Markets Act 2000 to help settle disputes between consumers and UK-based businesses providing financial services.
As IronFX UK Limited is a member of Financial Ombudsman Scheme (FOS), our clients may be eligible to have a payment in case of the inability/failure of the member to fulfil its financial obligations.
Member of the Financial Services Compensation Scheme (FSCS)
The Financial Services Compensation Scheme (FSCS) is the compensation fund of last resort for customers of authorised financial services firms.
As IronFX Global UK Limited is a member of the Financial Services Compensation Scheme (FSCS) ,our clients may be eligible to have a payment in case of the inability/failure of the member to fulfil its financial obligations.