License and Regulation


eTrader is a registered brand name of Goldenburg Group Limited, a company authorized and regulated by the Cyprus Securities and Exchange Commission with CIF Licence number 242/14. Goldenburg Group Limited is licensed to provide the investment and ancillary services in relation to the financial instruments as stated on our Goldenburg Group company website here. The Cross-Border Notification from our regulator CySEC can be found here.

All pre-trade information is posted here.

You can find attached the Risk Disclosure Report for the year 2014 here.
You can find attached the Risk Disclosure Report for the year 2015 here.
You can find attached the Risk Disclosure Report for the year 2016 here.
You can find attached the Risk Disclosure Report for the year 2017 here.

You can find attached the Execution Quality Summary Statement and RTS28 here.

Goldenburg Group Limited (CIF license number 242/14), is regulated and licensed under the Cyprus Securities and Exchange Commission (CYSEC) to provide the following investment and ancillary services in relation to the financial instruments stated further below in the EU Member States and/or other Third Countries:

Investment Services:

  1. Reception and Transmission of orders in relation to one or more Financial Instruments
  2. Execution of orders on behalf of Clients
  3. Portfolio Management
  4. Investment Advice

Ancillary Services:

  1. Safekeeping and administration of Financial Instruments for the account of Clients, including custodianship and related services such as cash/collateral management
  2. Foreign exchange services where these are connected to the provision of investment services
  3. Investment research and financial analysis or other forms of general recommendation relating to transactions in Financial Instruments

Financial Instruments:

  1. Transferable securities
  2. Money-market instruments
  3. Units in collective investment undertakings
  4. Options, futures, swaps, forward rate agreements and any other derivative contracts relating to securities, currencies, interest rates or yields, or other derivatives instruments, financial indices or financial measures which may be settled physically or in cash
  5. Options, futures, swaps, forward rate agreements and any other derivative contracts relating to commodities that must be settled in cash or may be settled in cash at the option of one of the parties (otherwise than by reason of a default or other termination event).
  6. Options, futures, swaps, and any other derivative contract relating to commodities that can be physically settled provided that they are traded on a regulated market or/and an MTF
  7. Options, futures, swaps, forwards and any other derivative contracts relating to commodities, that can be physically settled not otherwise mentioned in point 6 of Part III and not being for commercial purposes, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are cleared and settled through recognised clearing houses or are subject to regular margin calls
  8. Derivative instruments for the transfer of credit risk
  9. Financial contracts for differences
  10. Options, futures, swaps, forward rate agreements and any other derivative contracts relating to climatic variables, freight rates, emission allowances or inflation rates or other official economic statistics that must be settled in cash or may be settled in cash at the option of one of the parties (otherwise than by reason of a default or other termination event), as well as any other derivative contract relating to assets, rights, obligations, indices and measures not otherwise mentioned in this Part, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are traded on a regulated market or an MTF, are cleared and settled through recognised clearing houses or are subject to regular margin calls.

The Company has entered into the Tied Agent agreement with QUAENTAS s.r.o, LEDORO svetovanje d.o.o., Tőzsdeikereskedés.hu Kft and Corinth Capital MEPE.

Cross-Border Notification

Country   Regulator
Austria Austria Finanzmarktaufsicht (FMA)
Bulgaria Bulgaria Комисията за финансов надзор / Financial Supervision Commission (FSC)
Croatia Croatia Hrvatska agencija za nadzor financijskih usluga / Croatian Financial Services Supervisory Agency (HANFA)
Czech Republic Czech Republic Česká národní banka / Czech National Bank (CNB)
Denmark Denmark Finanstilsynet (Danish FSA)
Estonia Estonia Finantsinspektsioon (FSA)
Finland Finland Finanssivalvonta / Financial Supervisory Authority (FIN-FSA)
Germany Germany Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN)
Greece Greece Ελληνική Επιτροπή Κεφαλαιαγοράς / Hellenic Capital Market Commission (HCMC)
Hungary Hungary Magyar Nemzeti Bank (MNB)
Iceland Iceland Fjármálaeftirlitið (FME)
Italy Italy Commissione Nazionale per le Società e la Borsa (Consob)
Ireland Ireland Central Bank of Ireland
Latvia Latvia Finansu un Kapitala Tirgus Komisija / Financial and Capital Market Commission (FKTK)
Liechtenstein Liechtenstein Finanzmarktauf sicht (FMA)
Lithuania Lithuania Lietuvos Bankas / Bank of Lithuania
Luxemburg Luxemburg Commission de Surveillance du Secteur Financier (CSSF)
Malta Malta Malta Financial Services Authority (MFSA)
Netherlands Netherlands Autoriteit Financiele Markten (AFM)
Norway Norway Finanstilsynet
Poland Poland Komisji Nadzoru Finansowego / Polish Financial Supervision Authority (KNF)
Portugal Portugal Comissão do Mercado de Valores Mobiliários (CMVM)
Romania Romania Autoritatea de Supraveghere Financiară (ASF)
Slovakia Slovakia Národná Banka Slovenska / National Bank of Slovakia (NBS)
Slovenia Slovenia Agencija za trg Vrednostnih Papirjev/Securities Market Agency
Spain Spain Comisión Nacional del Mercado de Valores (CNMV)
Sweden Sweden Finansinspektionen (FI)
Great Britain Great Britain Financial Conduct Authority (FCA)
Cyprus Cyprus Cyprus Securities and Exchange Commission (CySEC)
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