SCANDIUMFX, a wholly owned subsidiary of Cyprus and New Zealand, received the financial services licence of the Cyprus securities and Exchange Commission in 2015 and is under supervision. Cyprus Commission, the English full name Cyprus Securities and Exchange Commission, English abbreviation for CySEC, is the Republic of Cyprus financial regulatory body. Officially became a member of the European Union in May 1, 2004. Cyprus's financial services sector is well developed and occupies an important place in its third industry.
Dealers and partners accounts are a segregated account for formal regulatory agencies, no third party intervention is safe and reliable, the security system of SCANDIUMFX implementation of multi levels, adding AFSL compensation regulations, in addition to the SCANDIUMFX client funds individually insured, to ensure the absolute safety of customer funds.