WhoTrades Ltd is a financial company registered in Cyprus and provides its investment services according to the license, granted by the Cyprus Securities and Exchange Commission and is a member of the Investor Compensation Fund. Cyprus is a long established reputable and tax efficient financial centre. Harmonization within the EU is now a fact: the EU Directives especially Market in Financial Instruments Directive (MiFID) have facilitated in progress. MiFID came into effect as from 1st November 2007 and sets forth a range of new requirements for the entire European financial sector with the aim of introducing a single European market in financial instruments. Its main goal is to promote the emergence of an efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection. The Directive contains measures that will change and improve the organization and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities.