Greater Transparency
SV
St. Vincent & the Grenadines
Western Group inc is registered in St. Vincent & the Grenadines as an International Business Company and the registration number is 21937 BC 2014.
The objects of the company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.
Western Group with other juridictions:
Regulations of HF Markets Group:
ST Lucia : IFC
International Financial Centre (ST. Lucia)
Western Group inc is registered in St. Lucia as an International Business Company and the registration number is 2023-00235.
International Business Company Act Cap 12.14: Section 6 of St. Lucia. The Business activities
are in particular but not exclusively, commercial, financial, lending, borrowing, trade, service activities, Forex brokerage, training and managed accounts services in currency Contract for Difference agreements, namely precious metal Contract for Difference agreements,
index Contract for Difference agreements, and any other Contract for Differences agreements, entered into.
DFSA
Financial Sector Conduct Authority (South Africa)
WesternFx is authorized and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa, under the licence number 46632.
FSCA is an independent institution established by statute to oversee the South African non-banking financial services industry. It regulates the Johannesburg Stock Exchange (JSE), the largest exchange in the African continent.
FSA
Financial Services Authority (Seychelles)
WesternFx is incorporated under the laws of the Republic of Seychelles with registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015.
The authority is the regulator for non-bank financial services in the country and is responsible for the licensing, supervision and development of the non-bank financial services industry of the Seychelles.
CMA
Capital Markets Authority (Kenya)
WesternFx is authorized by the Capital Markets Authority in the Republic of Kenya as a non-dealing online foreign exchange broker with licence no. 155.
The CMA is a regulating body charged with the prime responsibility of supervising, licensing, and monitoring the activities of Kenya’s market intermediaries, including the stock exchange and the central depository and settlement system and all other persons licensed under the Capital Markets Act.
Blog
What is Forex Hedging
Understanding Forex Hedging: A Comprehensive OverviewForex hedging is a critical strategy employed by currency traders to protect against potential losses due to adverse price movements. This technique involves taking offsetting positions in the foreign exchange market, enabling traders to limit their risk exposure while allowing for potential profits.The Purpose of...
Is the Forex Market Open on Weekends
The world of Forex trading operates under a unique structure that differentiates it from other financial markets. Understanding the operational hours of the Forex market is crucial for both novice and experienced traders. As you delve into the nuances of Forex trading, one common question arises: Is the Forex market...
Featured On Focus
How can we help you?
Contact us at email support@westernfx.com or submit inquiry online at contact us page.