Transparency to build client’s trust

A proof that your funds is in trusted hand

1. Introduction

Operating under the trading name EZYFX, regulated and recognized by Vanuatu FSC as one of the Registered Financial Service Provider (FSP). its registered address at S.I.P Building, P.O Box 3010, Rue Pasteur, Port Villa Vanuatu Referred to as “EZYFX Limited”, we”, or “us”, is authorized and regulated by International Financial Services Commission (IFSC).

“The Site” shall refer collectively to ezyfx.la website and its available language versions and domain names.

“Client” shall refer to any person or entity who registered an account at the Site.

EZYFX Limited has established its Order Execution Policy (hereinafter referred to as the “Policy”) in order to take all reasonable steps to achieve the best possible results for its clients (“Best Execution”) either when executing client orders or receiving and transmitting orders for execution in relation to financial instruments.

EZYFX Limited shall apply the Policy upon acceptance of an order and also when a client gives no specific instruction on the method of execution. Nevertheless, when the client gives a specific instruction on an order, EZYFX Limited will execute the order following such instruction. If EZYFX Limited receives a specific instruction on an order, this may prevent EZYFX Limited from implementing the Policy to achieve the best possible result for the execution of the order.

2. Scope and Services

The Policy shall apply whenever EZYFX Limited executes an order on behalf of its clients. EZYFX Limited will always act as principal (counterparty) when executing orders by clients. Although EZYFX Limited takes every reasonable step to achieve the best possible result for its clients, we cannot guarantee that when executing a transaction the client’s price will be more favorable than one which might be available elsewhere.

3. Order Execution Factors

EZYFX Limited shall take all reasonable steps to achieve the best possible result for its clients taking into account the following factors when executing clients’ orders against EZYFX Limited’ quoted prices:

4. Specific Instructions

If the client gives a specific instruction to EZYFX Limited as to how to carry out an order and EZYFX Limited has accepted this instruction, EZYFX Limited shall arrange – to the extent possible – for the execution of the client order strictly in accordance with the given instruction.

However, the specific instruction may prevent EZYFX Limited from taking the steps in this Policy to achieve the best possible result for the client.

Certain trading conditions may prevent EZYFX Limited from strictly following the client's instructions. This may result in being unable to apply this Policy.

5. Execution Venue(s)

Execution venues are the entities with which the orders are placed or to which EZYFX Limited transmits orders for execution. EZYFX Limited will enter into all transactions with the client as principal (counterparty) and act as the sole execution venue for all client orders. The client shall open and close a position of any particular financial instrument with EZYFX Limited through its trading platform.

Provided that there is only one possible venue, best execution is achieved by execution on that venue. Clients note that best execution is a process, which considers a variety of factors, not an outcome. When EZYFX Limited is carrying out a client’s order, EZYFX Limited shall execute the order following its execution policy, however EZYFX Limited does not guarantee that the exact requested price will be obtained at all times and, in any event, the factors may lead to a different result in a particular transaction.

The client hereby fully and irrevocably accept that all transactions entered in any particular financial instrument with EZYFX Limited are executed outside a regulated market or a multi-lateral trading facility (MTF) and the client is exposed to a greater risk of a possible default of the counterparty (i.e. EZYFX Limited).

6. Monitoring and Review

EZYFX Limited shall monitor on a regular basis the effectiveness of its order execution arrangements and execution policy to deliver the most favorable result to its clients and to identify and correct any errors or problems that may occur. EZYFX Limited reserves the right to correct any deficiencies in this Policy and to make improvement to its relevant execution arrangements wherever deemed necessary by EZYFX Limited.

It should be noted that EZYFX Limited will not notify clients separately of changes, other than substantial

Material changes (a substantial material change may include a change of execution venues, considerable delay in carrying out orders, etc.) to the Policy and clients should refer to the Site for the

7. Client Consent

The Policy is made available to every existing or potential client of EZYFX Limited. When establishing a business relationship with the client, EZYFX Limited is required to obtain the client’s prior consent to this Policy. Additionally, EZYFX Limited is required to obtain the client’s prior consent before executing client’s orders or receiving and transmitting orders to carry out outside a regulated market or a multi-lateral trading facility (MTF). The client is informed and acknowledges that EZYFX Limited always acts as principal (counterparty) and is the sole execution venue, which is not a regulated market or a multi-lateral trading facility (MTF).

By entering into the Public Offer Agreement with EZYFX Limited for providing services of conversion arbitrage operations at the international currency market and derivatives markets, the client is consenting to an application of this Policy on him.

In this Policy or any Regulations:

Execution venue - shall mean a regulated market, an MTF, a systematic internaliser, or a market maker or other liquidity provider or an entity that performs a similar function in a third country to the functions performed by any of the foregoing.

Multilateral trading facility (MTF) - shall mean a multilateral system operated by an investment firm or market operator, which brings together multiple third-party buying and selling interests in financial instruments in the system, in accordance with non-discretionary rules, in a way that results in a contract in accordance with the provisions of Title II of the Markets in Financial Instruments Directive (MiFID).

Regulated market - shall mean a multilateral system operated and/or managed by a market operator, which brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments – in the system and in accordance with its nondiscretionary rules – in a way that results in a contract, in respect of the financial instruments admitted to trading under its rules and/or systems, and which is authorized and functions regularly and in accordance with the provisions of Title III of MiFID.

Systematic internalizer - shall mean an investment firm which, on an organized, frequent and systematic basis, deals on own account by executing client orders outside a regulated market or an MTF.

Should you require any additional information about the Order Execution Policy of EZYFX Limited, please contact us at support@ezyfx.la