Hello,
I can confirm that CySEC has started process of removal of unregulated forex brokers from Cyprus - those who are operating on Cyprus (based on Cyprus or accepting money in Cyprus) and being not regulated by CySEC.
Regarding our company, United World Capital, - we are Cyprus-based company regulated by CySEC with license number 093/08 and registration number HE230122. In accordance with the MiFID Directive, our company is a member of Investment Compensation Fund which provides insurance of retail non-professional client's accounts for amount of up to EUR 20,000 in case of company failure.
We are also cross-registered with FSA (United Kingdom) with registration number 504862 and other European Union regulatory authorities, such as FMA (Austria), FSASB (Belgium), CSC (Czech Republic), FSA (Estonia), FIN-FSA (Finland), BDF (France), BAFIN (Germany), CMC (Greece), IFSRA (Ireland), FCMC (Latvia), CSSF (Luxembourg), MFSA (Malta), AFM (Netherlands), SCN (Norway), PSEC (Poland), CMVM (Portugal), CNVM (Romania), CNMV (Spain), Swedish FSA, etc.
Our subsidiary company United World Capital JSC in Russia is licensed by FCSM and member of MICEX for the purposes of equites, commodities options and futures trading.
Currently, we are in process of being licensed with Canada, Singapore, Hong Kong and Dubai.
United World Capital is a member of the professional bodies such as CIFSA (Cyprus International Financial Services Association), CCCI (Cyprus Chamber of Commerce and Industry), CFSFA (Cyprus Financial Services Firms Association). It's subsidiary is a member of NAUFOR (Russia). We are also member of the interbank SWIFT network with id: UWCICY2N
Thank you for your attention.