Rabu, 12 Februari 2014

Regulation

What is regulation?

In today's world, forex broker regulation is an important factor in reliability and trust. It is, however, quite important to understand the idea behind any regulation. Regulation is, in a word, a set of rules and regulations a broker must comply with. A regulated broker must be annually (unless otherwise stated) audited and checked regarding whether it adheres to regulations and rules or fails to do so. Still, no regulation can directly define the relationship between client and broker. Any highly unlikely yet possible conflicts are subject to legal proceedings only.
International financial regulators set the industry standards that everyone must comply with. We all want honest and transparent rules in the market. OctaFX applies these rules in its work. Our lawyers are working now to submit the necessary documents to international regulating agencies. So please stay tuned for the news, OctaFX will become an internationally regulated broker this year, while we are already working de facto in compliance with international regulation standards. For any inquiries please contact us or email us directly at compliance@octafx.com.
Octa Markets Incorporated was registered in 2011 in Saint Vincent and the Grenadines under license number 19776 IBC 2011. The Company's legal and correspondence address is Cedar Hill Crest, P.O. Box 1825, Villa, St. Vincent and the Grenadines. OctaFX activity is supervised and regulated by the authorities of Saint Vincent and the Grenadines under the International Business Companies (Amendment and Consolidation) Act, chapter 149 of the revised laws of Saint Vincent and the Grenadines, 2009, section 5(1). OctaFX acts in full compliance with international legislation and regulation standards. We strongly believe that honesty is the best policy. You can review the Customer Agreement as well as AML policy and other important legal documents in the Legal Agreements section at www.octafx.com.

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