At FXGT, we recognize the importance of keeping your funds safe at all times, therefore, the protection of our clients’ investment is our primary concern. We strive to take all the necessary steps to ensure your funds are safe, providing a high level of protection.
Our purpose is to protect investors’ funds. For this reason, FXGT has placed a Liability Insurance for a limit of Indemnity in order to safeguard our clients for up to €1,000,000. The Insurance includes market leading coverage to secure its liabilities against Clients, and other third parties against errors, omissions, negligence, fraud and any risks that may result in financial loss. Our customers do not pay any extra expense for this spread.
Clients’ funds are kept off-balance sheet, being segregated from the Company’s own funds. Client Investments can not be used by the Company to cover any ongoing expenses or to pay back creditors in the unlikely event of default of the Company, 100% available for clients at all times which ultimately protect our clients’ interest.
Tier 1 Banks
FXGT is constantly working on establishing Tier 1 Bank partnerships to ensure clients’ funds are deposited in credit worth and high rating financial institutions. Such partnerships help our business operations to the highest achievable standards.
Negative Balance Protection
Through our advanced monitoring and risk management tools we monitor clients’ balance in real-time, aiming to protect it against losses higher than the initial investment, automatically correcting any negative balance.
Our experienced risk management team has designed and implemented various policies and procedures setting certain thresholds for various types of risks linked with clients’ funds in order to allocate them properly in various financial institutions that are constantly monitored. Those policies and procedures allow us to effectively identify and limit concertation risk.
The Company is using the most advanced encryption technology to ensure maximum security and keep clients’ data private. All clients’ details and transactions are stored on secure servers protected by the latest firewall system. Transmission of data is encrypted to prevent data theft and unauthorized access by third parties.
FXGT is a regulated broker and adheres to all regulatory standards to ensure at all times a high level of capital adequacy ratio.