Quotation schedule.
Quotations are processed on a 24-hour basis from 23:00:01 (from twenty three hours
zero minutes and one second according to universal time (GMT)) Sunday until
21:00:00 (twenty one hours zero minutes and zero seconds according to universal
time) Friday. The off-hour interval is considered to be the period from
21:00:01 (twenty one hours zero minutes and one second according to universal
time) Friday until 23:00:00 (twenty three hours zero minutes and zero seconds
according to universal time) Sunday.
CFDs are quoted in sessions. Session schedules are as follows: from 4.30 p.m. to
11 p.m. GMT +2 (terminal time) from Monday to Friday. CFDs are provided by the
New York Stock-Exchange and quotations are only processed during stock working
days.
Where is United World Capital Limited registered and licensed?
United World Capital is registered in the Republic of Cyprus under
registration number 230122. The company is licensed by CySEC (Cyprus Securities and
Exchange Commission). The license number is 093/08.
United World Capital is the first broker company to have been licensed in
accordance with the new MiFID requirements. For more information, visit the CySEC
official website at http://www.cysec.gov.cy
How do I know that the money on my trading account is safe?
The Republic of Cyprus is a full member of the European Union, and this means that
all investment companies licensed in Cyprus
should fully comply with the
EU MiFID (Markets in Financial Instruments Directive) regulations
for the activity of investment companies in the 27 countries of the European Economic Zone.
The main aim of this law is to increase competition in the investment
sector and protect the interests of the investment company clients. According to
MiFID regulations, investment companies should also become members of the
Investor Compensation Fund, which ensures that the client interests are
protected should the company ever become insolvent.