Every trader beginner or professional, should, before investing funds and selecting a company for a long-term partnership, ensure that the company's operations comply with the relevant country's legal requirements and with internationally recognized financial standards.
Ondatrade has obtained the necessary licenses to operate in the financial services industry and participates in the activities of special-purpose organizations in order to protect clients’ interests according to the rules and regulations of each country as applicable.
Ondatrade is a brand name under AJF Financial Services Ltd which is licensed by Cyprus Securities and Exchange Commission (CySEC) AJF Financial Services Ltd is authorized and regulated by CySEC with license number 295/16 to offer Contracts For Difference (CFDs) in various underlying products.
What is CySec?
CySEC is the supervisory and regulatory authority for investment services firms in Cyprus. CySEC is a member of the European Securities and Markets Authority (ESMA). Ondatrade complies with the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 Law 144 (I)/2007, the transposition of the European Markets in Financial Instruments Directive (MiFID) in Cyprus. Investor Compensation Fund AJF Financial Services Ltd is a member of the Investor Compensation Fund, which serves to protect and secure the claims of covered clients and provide them with compensation in instances where the member of the Fund cannot meet its financial obligations.