Yes, we are a regulated broker trusted by millions of traders globally, and we have several measures in place to ensure the safety of your funds. We also adhere strictly to the Markets in Financial Instruments Directive (MiFID), for increased consumer protection.
Here are a few of the measures we have in place:
Segregation of client funds: all client funds are held in segregated accounts, separate from the company’s own, meaning in the event of insolvency, your money is protected
Reputable banking partners: all client and operational funds are held in accounts with highly reputable EU institutions
Investor Compensation Fund (ICF): in the event of insolvency or suspension of services, the company will compensate all clients in order of priority
Regulatory supervision: as a regulated Cyprus Investment Firm, we are obliged to adhere to strict requirements, including the submission of monthly and quarterly financial reports to the Cyprus Securities and Exchange Commission (CySEC). We are required by law to maintain enough liquid capital resources to cover client deposits, possible fluctuations in the company’s currency positions, and any outstanding costs. Our regulator is informed of any deficiencies in a detailed audit, submitted by an independent internal auditor every year. In addition, an external auditor conducts an annual audit of the company’s financial statements
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