ZuluTrade Gains EU Portfolio Management License in the EU
- ZuluTrade has anounced that their platform has gained EU regulation as a portfolio management platform provider.
With EU regulators beginning to enforce requirements of advisory licenses for copy trading products, such as social trading and trading signals, technology providers and brokers have moved towards becoming compliant with the new rules. Specifically in the UK, the regulator has been proactive in discussing copy trading with brokers and has limited its availability to firms licensed for money management and advisory businesses.
Providing a copy trading solution for brokers in the EU region, ZuluTrade has announced that its social auto Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term has become regulated. The license is through Greece’s Hellenic Capital Market Commission (HCMC), under the name Triple A Experts SA.
According to ZuluTrade, by gaining a portfolio management license, their platform now fully complies with the EU framework for auto trading service providers, with brokers not requiring additional Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term themselves to offer the platform to their clients. The license is similar to one gained by Myfxbook for their auto trading solution in October of last year.
Commenting publicly about the news, Leon Yohai, Founder and CEO of ZuluTrade, stated, “The regulated environment increases the transparency of our services and enables us to reach a larger audience of investors. This change will benefit and protect investors and add credibility to our platform. ZuluTrade Group is now fully regulated in the U.S., Europe and Japan meeting the highest regulatory standards world-wide. In our continuous effort to provide the best auto-trading experience, this is a development that makes us all proud.”
With EU regulators beginning to enforce requirements of advisory licenses for copy trading products, such as social trading and trading signals, technology providers and brokers have moved towards becoming compliant with the new rules. Specifically in the UK, the regulator has been proactive in discussing copy trading with brokers and has limited its availability to firms licensed for money management and advisory businesses.
Providing a copy trading solution for brokers in the EU region, ZuluTrade has announced that its social auto Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term has become regulated. The license is through Greece’s Hellenic Capital Market Commission (HCMC), under the name Triple A Experts SA.
According to ZuluTrade, by gaining a portfolio management license, their platform now fully complies with the EU framework for auto trading service providers, with brokers not requiring additional Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term themselves to offer the platform to their clients. The license is similar to one gained by Myfxbook for their auto trading solution in October of last year.
Commenting publicly about the news, Leon Yohai, Founder and CEO of ZuluTrade, stated, “The regulated environment increases the transparency of our services and enables us to reach a larger audience of investors. This change will benefit and protect investors and add credibility to our platform. ZuluTrade Group is now fully regulated in the U.S., Europe and Japan meeting the highest regulatory standards world-wide. In our continuous effort to provide the best auto-trading experience, this is a development that makes us all proud.”