Regulation & Compliance
At applá-x, we prioritize your security and peace of mind. Our operations are fully regulated by leading European authorities, ensuring that we meet the highest standards of compliance and financial integrity.
Licensing and Authorizations
applá-x Trading Limited is authorized by the Central Bank of Cyprus (CBC) under license number 115.1.2.37 and is also regulated by the European Central Bank (ECB). We are committed to adhering to all European Union regulations for Payment Institutions.
Client Funds Safeguarding
All client funds are securely held in segregated accounts with Tier 1 European Banks. These segregated accounts ensure that your funds are completely independent of applá-x’s business operations, safeguarding your money and protecting you from potential risks. Your funds are always accessible and are never used for market speculation.
Security Certifications and Data Protection
We operate under the highest security standards to protect your data and transactions:
- ISO/IEC 27001:2013 Certification: Our platform is certified under the international standard for Information Security Management, ensuring robust protection of all data.
- GDPR Compliance: We comply with the European Union’s General Data Protection Regulation, ensuring the highest levels of privacy for your personal and financial data.
Strong Access Controls
We use multi-factor authentication and role-based access controls to safeguard all sensitive transactions and account information. Our platform undergoes regular security audits, including penetration testing, to ensure it remains protected from vulnerabilities.
Memberships
- SWIFT Network Member: applá-x is a member of the SWIFT network, facilitating secure and reliable global payments.
- Principal Member of Mastercard: As a principal member of Mastercard, we provide businesses with debit and prepaid cards for seamless expense management.
FX Global Code Compliance
applá-x adheres to the FX Global Code, a set of principles designed to promote fairness, transparency, and ethical practices in the foreign exchange market. This ensures our clients receive the best market practices in every transaction.
