Upstream is a MERJ market. MERJ is a proud affiliate of the World Federation of Exchanges. Upstream does not permit U.S. persons to trade securities, options or warrants.

Regulatory Summary

MERJ Exchange is licensed and regulated by the Financial Services Authority of Seychelles
Licensed securities exchange operator (License No. SE001)
Licensed clearing agency (License No. CA001)
Licensed securities facility (License No. SF001)
MERJ is recognized by HM Revenue & Customs (HMRC) in the UK as a “Recognized Stock Exchange” for tax purposes

This communication is for informational purposes only and does not constitute financial advice. Users of Upstream Exchange may not receive the same level of regulatory protection as they would with exchanges regulated by their respective national authorities. Each country governs its own markets, and users should be aware that while Upstream operates independently of local financial oversight, it remains in compliance with the rules and regulations established by the World Federation of Exchanges (WFE).

Important Risk Warnings:

Regulatory Status:

Upstream Exchange is regulated by the Financial Services Authority in Seychelles and complies with international standards set by IOSCO. However, it is not regulated by the FCA, ASIC in Australia or any other countries, which may impact the level of protection available to international investors.

Foreign Exchange Risks:

Engaging with a foreign exchange may involve additional risks, including currency risk and regulatory differences. It is important to thoroughly understand these risks before proceeding.

Independent Research:

We strongly recommend that you conduct your own research and due diligence before opening an account or making any investment decisions on Upstream Exchange. Consider seeking independent financial advice if you have any doubts or concerns.

No Guarantees:

Investing in financial markets involves risk, and there is no guarantee of returns. Past performance is not indicative of future results, and you may lose money.

By proceeding, you acknowledge that your use of Upstream Exchange is at your own risk and that you have read and understood the potential risks involved.