Prestige Option is a brand of Leadtrade Ltd., a Cyprus Investment Firm (CIF), which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 296/16.
Please find below some more information on the regulatory bodies:
The Cyprus Securities and Exchange Commission (CySec) is the supervisory and regulatory authority for Investment Services firms in Cyprus and is a member of the Committee of the European Securities and Markets Authority (ESMA).
Our license is subject to the Cyprus Investment Services and Activities and Regulated Markets Law of 2007, which is harmonised with the requirements of the European Parliament’s Markets in Financial Instruments Directive (MiFID) to ensure a high level of protection for investors and that the investment services we offer comply with applicable regulations.
ESMA’s mission is to enhance the protection of investors and reinforce stable and well functioning financial markets in the European Union. As an independent institution ESMA achieves this mission by building a single rule book for EU financial markets and ensuring its consistent application and supervision across the EU.
ESMA contributes to the supervision of financial services firms with a pan-European reach, either through direct supervision or through the active co-ordination of national supervisory activity.
MiFID is an EU legislation which harmonized regulation for investment services across the 30 member states of the European Economic Area (EEA). The main objectives of MiFID are to increase competition and consumer protection in the European investment services sector.
In accordance with MiFID, Leadtrade Ltd has passported its authorization into almost all member states of the EEA and is registered with the financial regulators of the states where it provides services to their residents.
Kindly refer to the below list showing the various regulators with whom Leadtrade Ltd is registered with.