The most essential requirement in the financial industry is the safety of clients’ funds. 10TradeFX ensures the safety of clients’ funds by following the procedures as set out below:
ACCOUNTS WITH TOP TIER BANKS
10TradeFX provides banking and treasury services for its clients through world-class banking institutions. These banks are completely independent and do not endorse the obligations of 10TradeFX to its customers
SEGREGATION OF CLIENT FUNDS
Client Funds (including unrealized profits) are held in separate client money trust accounts with a Tier One EU Bank. 10TradeFX maintains separate client accounts to ensure that client funds are fully separated from 10TradeFX own funds at all times. Unlike some other Forex brokers, 10TradeFX DOES NOT use any client money for margining or hedging purposes. Each client account has a unique code to ensure that it is used solely for client funding purposes. All client funds deposited to 10TradeFX are completely separate in accordance with strict policies and procedures
PROTECTION BY THE FINANCIAL SERVICES COMPENSATION SCHEME
All the clients of 10TradeFX are treated as retail clients to ensure that we can offer the highest protection. As a member of the Investor Compensation Fund, our clients may be eligible to receive compensation in case of the inability/failure of the member to fulfill its financial obligations.
10TradeFX through its trading platforms provides an automated risk-management system to ensure that client account balances will never go negative.