Regulations

FxNet LTD, the owner of the domain www.emsbrokers.com, is a Cypriot Investment Firm (CIF) that offers online trading services for Forex and CFDs. The company is incorporated and registered under the laws of the Republic of Cyprus (Certificate of Incorporation No. 300624) and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 182/12. FxNet LTD operates and provides its services in full compliance with the Markets in Financial Instruments Directive (MiFID), which was revised and implemented as MiFID II on January 3, 2018.

MiFID, MiFID II & MiFIR

The Markets in Financial Instruments Directive 2004/39/EC (MiFID) is the regulatory framework governing the provision of investment services by investment firms. It established an effective single financial services market in the European Economic Area (EEA), comprising the 28 EU member states as well as Iceland, Norway, and Liechtenstein.

MiFID came into effect on November 1, 2007, and was implemented in Cyprus through the European Communities (Markets in Financial Instruments) Regulations, 2007, as amended (the "MiFID Regulations").

MiFID II, along with the Markets in Financial Instruments Regulation (MiFIR), was published in 2014 and came into force on January 3, 2018. MiFID II has been transposed into Cyprus law under Law 87(I)/2007, which pertains to the provision of investment activities, the operation of regulated markets, and related matters.

CySEC

The Cyprus Securities and Exchange Commission, known as CySEC, is the independent public supervisory authority tasked with overseeing investment services in Cyprus. Since Cyprus joined the European Union in 2004, CySEC has been integrated into European MiFID regulation, allowing firms regulated in Cyprus to offer their services on a cross-border basis.

CySEC's primary objective is to supervise and regulate the Cyprus Stock Exchange and licensed investment companies that provide financial and ancillary services to their clients. It is responsible for granting operational licenses to investment firms and other types of institutions.

Additionally, we hold a cross-border CySEC License, enabling us to offer our services throughout the European Economic Area (EEA). We have obtained a passport to provide services in several European countries, including Austria, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France*, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

*Including Corsica and the five overseas departments and regions of France: French Guiana, Guadeloupe, Martinique, Mayotte and Réunion.