What is MiFID?

MiFID (Markets in Financial Instruments Directive) is an European regulation which applies to all IFACs (Independent Financial Advice Companies). Expert Timing System International, E.A.F.I., S.L. is a registered and supervised IFAC by the National Stock Market Commission (official registration number: 33).

What is MiFID for?

It is intended to protect retail clients in the security markets. The majority of our clients are not retail ones, but the European Union compels us to inform any visitor of our website about retail client’s rights.

This Directive was adopted to protect such investors. The purpose is to inform retail clients about how much the services of the IFACs cost.

Application of ETS’ fees

More information

For further information, don’t hesitate to contact us:


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