ShoreLiteTrades regulation
Registered as a legal investment firm in 29 European countries.
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CySEC
ShoreLiteTrades Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) .
CySEC (Cyprus Securities and Exchange Commission) is a financial regulator of the Republic of Cyprus established in 2001 with “The Cyprus Securities and Exchange Commission” law enactment.
The purpose of CySEC is to provide the licensing, regulation, and control of brokers, brokerage companies, dealing centers, and operations carried out on the stock and currency exchange as well as development and implementation of regulations and laws that make the financial market of Cyprus more reliable and transparent.
Regulator website: Cyprus Securities and Exchange Commission
Pillar III disclosures: 2021
RTS 28 statement: 2017, 2018, 2019, 2021
RTS 27 statement
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EU regulators’ websites:
Austria FMA (Financial Market Authority) Cyprus CySEC (Cyprus Securities and Exchange Commission) Czech Republic CNB (Czech National Bank) Denmark Danish FSA (Financial Supervisory Authority) Estonia EFSA (Estonian Financial Supervision Authority) Finland FIN-FSA (Financial Supervisory Authority) France ACPR – Banque de France Germany BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) Great Britain FCA (Financial Conduct Authority) Hungary The Central Bank of Hungary Italy CONSOB (Commissione Nazionale per le Società e la Borsa) Latvia FCMC (Financial and Capital Market Commission) Lithuania Bank of Lithuania (Lietuvos bankas) Malta MFSA (Malta Financial Services Authority) Netherlands AFM (The Netherlands Authority for the Financial Markets) Norway Finanstilsynet (The Financial Supervisory Authority of Norway) Portugal CMVM (Comissão do Mercado de Valores Mobiliários) Slovakia NBS (National Bank of Slovakia) Slovenia ATVP (Agencija za trg vrednostnih papirjev) Spain CNMV (Comisión Nacional del Mercado de Valores) Sweden FI (Finansinspektionen)
Investor Compensation Fund
The Company is a member of the Investor Compensation Fund (ICF) of Cyprus.
The purpose of the ICF is to provide insured clients of the companies registered in the CySEC with compensation payments, if these companies are unable to pay them themselves. In these cases, the compensation may be up to 20,000 euros for one client. This is regardless of how many trading accounts they have, the base currencies of these accounts, and the place where the investment service is provided.
Civil Liability insurance programme
At ShoreLiteTrades, we understand that traders need to primarily focus on searching for efficient trading methods rather than having to make sure their broker is compliant with its terms of
cooperation. Therefore, at ShoreLiteTrades, we have taken additional measures to protect our liabilities to Clients through the Civil Liability Insurance Policy for Forex Brokers with up to
This coverage is provided to our clients without any additional fees.
Security of client funds
Your funds are secured when you trade with ShoreLiteTrades.
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European regulated
brokerRegistered in the
Republic of Cyprus
under CySEC license No. 191/13. -
Negative Balance Protection
If clients are unable to maintain their account balance in the black due to the market volatility, ShoreLiteTrades resets it to zero.
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Member of
the ICFThe Fund provides insured clients of the companies licenced by CySEC with compensations of up to 20,000 EUR.
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Segregated accounts in major banks
ShoreLiteTrades keeps its clients’ funds separately from the Company’s funds, thereby guaranteeing that they are protected from unlawful use.