Our Regulator

Our License

GUDAX (“GUDAX”) is authorized by the Anjouan Offshore Finance Authority (AOFA) as an International Brokerage and Clearing House for the provision of financial services under License No. L15883 / GUDAX.

Learn more about our license here.

GUDAX is approved and regulated by the AOFA, in exercise of the powers conferred by Government Notice No. 005 of 2005, to carry on all types of brokerage activities including foreign exchange, currency, shares, commodities and any kind of permitted regulated securities.

GUDAX practices strict regulatory and compliance requirements in each and every aspect of the firm’s operations including financial reporting, client asset management, segregation of client funds and more. We comply with the AOFA regulatory requirements and have in place set of internal policies and controls for its operations, compliances, corporate governance and risk management. External audits supplement GUDAX operational and accounting processes and ensure full regulatory compliance.

Established in 2001, the Anjouan Offshore Finance Authority (AOFA) serves as the primary regulatory authority for the Financial Sector in Anjouan, Comoros. With an unwavering commitment to maintaining the highest standards of integrity and transparency, AOFA diligently upholds its regulatory powers and mandate derived from the Comoros’s Constitution of 2001.

AOFA plays a vital role in ensuring a robust and thriving financial ecosystem in Anjouan. Its core objective is to safeguard the interests of all stakeholders, while fostering an environment conducive to sustainable economic growth. Through the comprehensive regulatory framework, AOFA facilitates responsible financial practices, protects against money laundering, and enforces adherence to the Money Laundering (Prevention) Act 2005.

Segregation of Client Funds

All client funds deposited with GUDAX are fully segregated from the company’s own funds and are kept in separate ring-fenced client money bank accounts with top-tier banking institutions. This ensures that funds belonging to clients cannot be used for any other purpose.

True STP & NDD Practice

GUDAX brings together the counterparties on mutually acceptable terms for the same financial products in money or foreign exchange market to facilitate the conclusion of a transaction, and receive payment for its service in the form of brokerage or commission fees. We act only as a mediator and strictly do not trade against our clients.

Anti-Money Laundering

In accordance with the Anjouan Money Laundering (Prevention) Act 2005, GUDAX has in place policies and procedures to ensure compliance with the law. These policies and procedures are designed to prevent money laundering activities from occurring and outline the documents that you must provide us before opening an account.