As a broker with a solid reputation built on high standards and trust, we value every single clients’ safety and ensure that their funds are protected under EU laws while trading. Here you will find all of the information you need, you should familiarize yourself with these policies, regulations and disclaimers in order to protect yourself while on the markets.
There are many things to look for when choosing a broker. However, every client should prioritize selecting a regulated trading firm that complies with the laws without failure. By trading with a regulated investment firm, our clients are comfortable that proper security, transparency, and integrity on their daily transactions will occur. Prior Capital Limited is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC), under license reference: 221/13.
Prior Capital is regulated under MiFID II (Markets in Financial Instruments Directive), a European Union law effective as of 2017 (Law 87(I)/2017), which provides a harmonized regulatory regime for investment services across the European Economic Area. The main objectives of the Directive are to increase competition and consumer protection in investment services.
All companies regulated by the CySEC are obliged to meet strict financial standards including capital adequacy requirements. As such, Prior Capital must adhere to a strict reporting schedule and regularly submit financial reports performed by an independent auditor. CySEC has the right to fine companies and/or terminate a company’s regulatory status in case of violations. The strict regulatory environment that Prior Capital complies with serves to protect the client. It is a guarantee that business is carried out according to a number of firm rules and standards that have the purpose of limiting fraud and thereby also protecting client funds.
In accordance with the Law 87(I)/2007 and EU Regulation 2017/565, the Company is required to make public on a quarterly basis, for each financial instrument, per day, the execution quality achieved (RTS27). Such information will be published on the Company's website and will be available in the public domain for a minimum period of two years.