Licenses and Regulation - Europe - CYSEC REGULATION

Europe Official Client Disclosures

XForex is a trade name used by O.C.M Online Capital Markets Ltd (formerly known as Webgine Ltd), authorized and regulated by CySEC (Cyprus Securities and Exchange Commission) under license number 108/10.

XForex operates under Markets in Financial Instruments Directive (MiFID), which was subsequently amended as a European Union instrument and provides a harmonized regulatory regime for investment services across the 30 member states of the European Economic Area. In order to be MiFID compliant, XForex adheres to strict regulatory guidelines.

XForex is a member of the Association of Cyprus International Investment Firms (ACIIF). In line with MiFID requirements and the legal framework in Cyprus, XForex has adopted appopriate policies and procedures outlined in the following documents:

Terms and Conditions	(last updated 04/04/2011)
Risk Disclosure	(last updated 04/04/2011)
Best Execution Policy	(last updated 04/04/2011)
Client Categorisation	(last updated 04/04/2011)
Investor Compensation Fund	(last updated 04/04/2011)
Privacy Policy	(last updated 04/04/2011)
Conflict of Interest Policy	(last updated 04/04/2011)
Pillar III Disclosures	(last updated May 2011)

 XForex is authorized to operate by CySEC, ensuring each client a safe and regulated trading environment. We are registered with the following Regulation Authorities:

Country	Regulation Authority
United Kingdom	Financial Services Authority (FSA)
France	Banque de France (Banque de France)
Spain	Comisión Nacional del Mercado de Valores (CNMV)
Italy	Commissione Nazionale per le Società e la Borsa (CONSOB)
Denmark	Finanstilsynet (The Danish FSA)
Poland	PFSA (Polish Financial Supervision Authority)
Sweden	Finansinspektionen (FI)
Netherlands	Authority for Financial Markets (AFM)
Belgium	Finance And Insurance Commission (CBFA) Of Belgium
Liechtenstein	Finanzmarktes Liechtensteign (FMA)
Luxembourg	Commission de Surveillance du Secteur Financier (CSSF)
Slovakia	National Bank of Slovakia (NBS)
Lithuania	Securities Commission of the Republic of Lithuania (LSC)
Slovenia	Securities Market Agency (SMA)
Estonia	Financial Supervision Authority (Finantsinspektsioon)
Bulgaria	Financial Supervision Commission (FSC) of Bulgaria
Czech Republic	Czech National Bank (CNB)
Finland	Finland Financial Supervisory Authority (FIN-FSA)
Portugal	Portuguese Securities Market Commission (CMVM)
Austria	Austrian Cinancial Market Authority (Austrian FMA)

Requests/ Forms

Complaint Form	(last updated 04/04/2011)
Withdrawal Form	(last updated 04/04/2011)
Card Holder Declaration	(last updated 04/04/2011