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FXGM ( is a registered brand name of Depaho Ltd., a company that operates in accordance with the Markets in Financial Instruments Directive (MiFID) of the European Union.

MiFID II provides a harmonised regulatory environment for investment services across the European Economic Area (EEA). The main objectives of the MiFID II Directive are to enhance financial transparency, increase competition, and offer greater consumer protection in investment services. 


The Cyprus Securities and Exchange Commission (CySEC)

Licence No. 161/11
Depaho Ltd is authorised and regulated as a Cyprus Investment Firm (CIF), registered under the Cyprus Securities and Exchange Commission (CySEC) (, with licence no. 161/11, under the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007). CySEC is an independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.

CySEC was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. The operation of CySEC is governed by the Laws regulating the Structure, Responsibilities, Powers, Organization of the Cyprus Securities and Exchange Commission and Other Related Matters (L73(I)/2009). To view our License please click here

In compliance with Law 144(I)/2007, Depaho Ltd is a member of the Investor Compensation Fund (ICF). The ICF was established pursuant to Articles 59(1) and (2) of Law 144(Ι)/2007 which provides for the Provision of Investment Services, the Exercise of Investment Activities, the Operation of Regulated Markets and other Related Matters (“the Law”), as an investor compensation fund for CIFs clients other than credit institutions. Its powers and functions are regulated by the provisions of the Law and of Directive 144-2007-15 of CySEC for the Continuance of the Operation and the Operation of the Investment Firm Investor Compensation Fund (“the Directive”).

The purpose of the ICF is to secure the claims of covered clients against the ICF members through the payment of compensation, if the necessary preconditions are fulfilled. All non-professional investor-clients of an ICF member who is covered by the ICF for claims against such member, arising out of the covered services provided by the member, may apply for compensation.  Read more
Financial Sector Conduct Authority  (South Africa)

FSP Authorisation No. 47709
Depaho Ltd is also authorised as a Financial Service Provider (FSP) by the South Africa Financial Sector Conduct Authority (FSCA, South Africa) ( ), under FSP authorisation no. 47709.

The FSCA is an independent institution, established by statute to oversee the South African non-banking financial services industry in the public interest. The FSCA is committed to promote and maintain sound financial investments in South Africa. FSCA oversees the non-banking financial services industry, which includes, inter alia, retirement funds, short-term & long-term insurance, companies, funeral insurance, schemes, collective investment schemes (unit trusts and stock market), financial advisors and brokers and provides a registry of such authorized firms.

The FSCA maintains a strong, effective presence in the regulatory field in South Africa and internationally, while working closely with its counterparts elsewhere in Africa to establish solid regulatory frameworks. Read more





Depaho Ltd is operating in compliance with high financial standards and is authorised to provide cross border services to EU member states, as well as South Africa, Switzerland and Ukraine. Depaho Ltd is registered with several authorities. Below is a list of the authorities, among others, with which Depaho Ltd is registered. Please note the list is not exhaustive. 



Commissione Nazionale per le Società e la Borsa (CONSOB)

Registration No. 3567
The Commissione Nazionale per le Società e la Borsa (CONSOB, Italy) is the supervisory authority for the Italian financial products market. Its aims are to protect investors and the efficiency, transparency and development of the market. CONSOB regulates the provision of investment services and activities, the behaviors that must be kept by intermediaries and financial salesmen in dealing with investors, principles and criteria related to organization of the “Organismo per la tenuta dell’Albo dei promotori finanziari” and of the “Organismo dei consulenti finanziari”. Read more

The Comisión Nacional del Mercado de Valores (CNMV)

Registration No. 3321
The Comisión Nacional del Mercado de Valores (CNMV, Spain) is the agency in charge of supervising and inspecting the Spanish Stock Markets and the activities of all the participants in those markets. It was created by the Securities Market Law, which instituted in-depth reforms of this segment of the Spanish financial system. The purpose of the CNMV is to ensure the transparency of the Spanish market and the correct formation of prices in them, and to protect investors. The CNMV promotes the disclosure of any information required to achieve these ends, by any means at its disposal. Read more

Finansinspektionen (FI)
The Finansinspektionen (FI, Sweden) is a financial supervisory authority that monitors and analyses trends in the Financial market, assessing the Financial health of individual companies. FI supervises compliance with statutes, ordinances and other regulations, provides supervision regarding the Swedish Insider Act, and investigates cases of suspected offences and share price manipulations.

FI issues regulations & guidelines assessing on whether existing legislation needs to be amended. It issues permits to companies that wish to provide financial services, designs rules and regulations for financial activities and supervises on these rules and on the performance of risk assessments.

FI is also responsible for monitoring that companies disclose complete and clear information to consumers and ensures that routines for such information function satisfactorily. Read more

Finanssivalvonta (FIN-FSA)
Finanssivalvonta, or the Financial Supervisory Authority (FIN-FSA, Finland), is the authority for supervision of Finland’s financial and insurance sectors. The entities supervised by the authority include banks, insurance and pension companies, as well as other companies operating in the insurance sector, investment firms, fund management companies and the Helsinki Stock Exchange.

The objective of FIN-FSA activities is to enable balanced operations of credit institutions, insurance and pension companies and other supervised entities in stable financial markets. FIN-FSA’s objective is also to protect the rights of the insured and foster public confidence in financial market operations.

In addition, FIN-FSA is responsible for promoting compliance with good practice in financial markets and disseminating general knowledge about the markets. These objectives and duties have been included in the Act on the Financial Supervisory Authority. Read more
Komisja Nadzaru Finansowego (KNF)
The Komisja Nadzaru Finansowego (KNF, Poland) is the public administration body responsible for state supervision over the Polish financial market. The KNF exercises, inter alia, supervision of the financial market, including banking supervision, supervision of the capital market, supplementary supervision of financial conglomerates and supervision of electronic money institutions. The mission of the KNF Office is to ensure stability and safe development of the financial market. The KNF Office is an independent body, whose tasks are aiming to limit excessive risk in the operation of supervised entities, strengthen the transparency of the financial market and assist the market in building its position in Europe. Read more
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)

Registration No. 130520
The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin, Germany) is the integrated supervisory authority for Germany’s financial market.

It is responsible for supervising credit institutions, financial services providers, asset management companies, insurance undertakings, pension funds (supervised entities) and securities trading.

BaFin sees itself as a forward-looking, risk-oriented supervisory authority. It acts decisively and judiciously to contribute to the proper functioning, stability and integrity of the German financial system in a European and international context, thus fulfilling its statutory mandate to the best of its ability. Read more

Finanstilsynet (Norway)

Registration No. FT00080174
Finanstilsynet is the Financial Supervisory Authority of Norway. Based on Norwegian legislation and international standards, it acts as an independent government agency and is responsible for financial regulation and supervision of enterprises and markets. Its aim is to promote financial stability and orderly market conditions and to instil confidence that financial contracts will be honoured and services performed as intended.

Finanstilsynet regulates and supervises, apart from financial market places, banks, finance companies, mortgage companies, insurance companies, pension funds, investment firms and securities fund management.

Its premise is that all the above supervised enterprises must be afforded competitive conditions, which are in line with those enjoyed by institutions in other EEA member states.Read more


Also registered with:
AFM Autoriteit Financiële Markten (Netherlands)
FMA Financial Market Authority (Austria)
FSA Finanstilsynet (Denmark)
MFSA Malta Financial Services Authority
Finantsinspektsioon (Estonia)
Narodna banka Slovenska (Slovak Republic)
ASF Autoritatea De Supraveghere Financiara (Romania)
Autorité des Marchés Financiers (AMF) & Banque de France (ACPR) (France)
Important Note: Depaho Ltd does not provide services to the territories of the USA, Canada, Belgium and Iran.

Our apologies, but we cannot serve clients from this country at this time.


Unfortunately, we do not offer our services to residents.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.