Regulation and License

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Arche-FX is all about trading online simply and safe. Learn about Arche-FX’s international trading brokers and regulations

Regulation and License

Arche-FX is a social investing platform that empowers users to grow their knowledge and wealth as part of a global community of investors. As a multi-asset broker with millions of users around the world, Arche-FX is regulated in multiple jurisdictions.

Europe

Arche-FX is a trading name of Arche Assoc. SA, which is authorized by the Commissione Nazionale per le Società e la Borsa (CONSOB). The firm is registered in the List of Investment Firms authorized in other EU states without branches in Italy. Arche Assoc. SA is registered in Luxembourg, with its registered office located at, Avenue JF Kennedy, L-1855 Luxembourg.

Australia

Arche-FX is a trading name of Arche Finance Pty Ltd is regulated by the Australian Securities & Investments Commission (“ASIC”) for the provision of financial services and products. Australian Financial Services Licence number: 671 984 008. Registered Office: Tweed heads NSW 2485

Arche Finance Pty Ltd, is licensed to act as a Responsible Entity under Chapter 5C of the Corporation Act 2001. When executing transactions, Arche Finance Pty Ltd will use another executing broker, including Arche-FX Europe or a non-affiliated third party.

Regulatory Disclosures

Client Categorization

The Markets in Financial Instruments Directive (MiFID) requires the categorization of clients as Retail Clients, Professional Clients or Eligible Counter Parties. Arche-FX categorize all clients as Retail Clients when opening a trading account, which have the highest level of protection (such as eligibility to the Investor Compensation Fund, Best Execution, and Safeguarding Clients Assets etc). Clients are allowed to request to be reclassified, in writing to Arche-FX, as applicable, who may recategorize you according to the specifications, conditions, and procedures of MiFID. “Retail Client” is a client who is not a professional client or an eligible counter party. Eligible Counter party is a professional client or legal entity who provides investment services that involve the reception and transmission or the execution of orders. Clients under this category have the lowest level of protection. Professional Client is a client who possesses the experience, knowledge and expertise to make their own investment decisions and properly assess the risks that they incur and must comply with the following criteria: Α. Categories of clients who may be considered to be professionals: The following shall be regarded as professionals in relation to all investment services and activities and financial instruments:

1. Entities which are required to be authorized or regulated to operate in the financial markets. The list below should be understood as including all authorized entities carrying out the characteristic activities of the entities mentioned: entities authorized by a member state under a European Community Directive; entities authorized or regulated by a member state without reference to such Directive; and entities authorized or regulated by a non-Member State
   1. Credit institutions;
   2. Registered Investment Firms;
   3. Other authorized or regulated financial institutions;
   4. Insurance undertakings;
   5. Collective investment schemes and management companies of such schemes;
   6. Pension funds and management companies of such funds;
   7. Commodity and commodity derivatives dealers;
   8. Other institutional investors.
   9. Locals
2. Large undertakings meeting two of the following size requirements, on a proportional basis:
   1. balance sheet total at least: 20.000.000 euro
   2. net turnover at least: 40.000.000 euro
   3. own funds at least 2.000.000 euro
3. National and regional governments, public bodies that manage public debt, central banks, international and supranational institutions such as the World Bank, the Internal Monetary Fund, the European Central Bank, the European Investment Bank and other similar international organizations.
4. Other institutional investors whose main activity is to invest in financial instruments, including entities dedicated to the securitization of assets or other financing transactions. They must however be allowed to request non professional treatment and Arche-FX, as applicable, may agree to provide a higher level of protection.
5. It is the responsibility of the client, considered to be a professional client, to ask for a higher level of protection when it deems it is unable to properly assess or manage the risks involved. This higher level of protection will be provided when a client who is considered to be a professional enters into a written agreement with Arche-FX, as applicable, to the effect that it shall not be treated as a professional for the purposes of the applicable conduct of business regime.

Β. Clients who may be treated as professionals on request: Clients other than those mentioned above, including public sector bodies and private individual investors, may also be allowed to waive some of the protections afforded by the conduct of business rules of Arche-FX, as applicable. Both Arche-FX are therefore allowed to treat any of the above clients as professionals provided the relevant criteria and procedures are fulfilled. Such as that the client is capable of making his own investment decisions and understanding the risks involved (fitness test)

Safeguarding of Clients Assets
We keep our clients’ funds and assets in segregated accounts, such that the clients’ funds and assets will be separated from our own assets. Such separation of accounts is being supervised both internally and externally. We operate only with reputable payment institutions and payment providers.

Capital Adequacy
In accordance with the applicable regulations,Arche-FX need to have own funds, which are at all times satisfy the minimum capital adequacy ratios of the European Capital Requirements Regulation. An investment firm must have in place sound, effective and complete strategies and processes to assess and maintain on an ongoing basis the amounts, types and distribution of internal capital that they consider adequate to cover the nature and level of the risks to which they might be exposed. These strategies and processes are subject to regular internal review, to ensure that they remain comprehensive and proportionate to the nature, scale and complexity of the activities of the Firm.

Anti Money Laundering Policy
Arche-FX have enacted the appropriate legislation and taken effective regulatory and other measures by putting in place suitable mechanisms for the prevention and suppression of money laundering, terrorist financing activities, and financial crime. Moreover, both countries are committed to apply all the requirements of international treaties and standards in this area and, specifically, those deriving from the European Union Directives.