EXT LTD is licensed by CySEC (Cyprus). With regular audits, active regulatory engagements, and no proprietary trading, we prioritise client trust and transparency.
To deliver the best services to our clients, the EXANTE team is committed to compliance. We've implemented the following practices to set a standard for excellence in the financial sector.
EXT LTD is licensed by the CySEC, or Cyprus Securities and Exchange Commission, is Cyprus's lead financial services regulator. Established in 2001, it safeguards investor interests, ensures market transparency, and maintains the integrity of the local financial industry. CySEC enforces compliance with European Union financial regulations, making it a crucial entity in the region's financial ecosystem.
EXANTE is subject to regular checks by each of these regulatory authorities. We have passed all of these since entering the market in 2011.
Like any other business, trading platform providers undergo regular audits to ensure long-term credibility and success in the market.
EXANTE is audited yearly by the world's largest international accounting and professional services firms, and undergoes compliance audits by local regulators.
This ensures financial transparency, accountability, regulation compliance, and investor and stakeholder confidence.
Clients from US and compliance with SEC Regulation
The SEC, or the US Securities and Exchange Commission, is a regulatory agency maintaining the integrity of the securities industry in the United States. Established in 1934, it ensures fair and transparent markets nationwide.
The SEC regulates various entity types. Its primary jurisdiction covers publicly traded companies, including corporations and investment funds, whose securities are bought and sold by the general public. It also oversees brokers, dealers, and other market participants, ensuring they adhere to market fairness and transparency rules.
Due to organisational structure variations, some companies are not subject to SEC regulation. Smaller businesses may, for instance, be exempt from SEC oversight if they do not meet specific size or reporting thresholds.
EXANTE is not regulated by the SEC, as it does not offer trading accounts to US-based professional traders and institutions. This is subject to change depending on market entry in the future or subject to potential updated requirements by the commission.
Additional Interactions with Regulators
At EXANTE, we go a few steps further to facilitate healthy interactions with regulatory bodies. These include:
- Participation in regulatory workshops and seminars: Our team is always open to attending these to remain abreast of compliance requirements, best practices, and notable changes.
- Regular Consultations: When regulators hold meetings with representatives from various financial companies, EXANTE insists on having a seat at the table to share industry challenges, emerging risks, and regulatory concerns.
- Whistleblower Programs: EXANTE works with regulators to implement a robust whistleblower program for employees to report misconduct or regulatory violations.
- Advisory Panels: Our team encourages the establishment of advisory panels composed of industry experts who provide input on regulatory proposals and reforms. This collaborative approach ensures balanced, well-informed regulations, factoring in multiple perspectives.
Stance on Proprietary Trading
EXANTE does not engage in proprietary trading and does not manage client funds directly. We operate solely as an impartial platform for third-party traders to execute their strategies.
We maintain a strict policy of non-interference in clients' trading positions, abstaining from offering advisory services on holdings.
Coupled with the efforts mentioned earlier, this underscores our commitment to transparency, integrity, and adherence to regulatory standards in the financial industry.