22 January, 2018
FX Central Clearing Ltd is a leading financial services company regulated by CySec (Cyprus Securities and Exchange Commission, License Number: 121/10) under the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007) and is subject to CySEC rules. Funds held on behalf of our clients are fully secured by:
All client funds are held in segregated accounts, totally separate from any and all FXCC corporate accounts. Our External Auditors are Deloitte, one of the world's leading financial auditors.
FXCC is a member of the Investor Compensation Fund (ICF). The full terms can be found here
FXCC is regulated by CySec in Cyprus, is on the FCA Register in the UK and carries the MiFID passport for financial services firms within the European Union.
FX Central Clearing Ltd. (License No. CIF 121/10) is a member of the Investor Compensation Fund (ICF), set up by the Central Bank of Cyprus and the Cyprus Securities and Exchange Commission (CySec) for clients of Cyprus Investment Firms (CIFs).
The Investor Compensation Fund was established to secure the claims of covered clients against a CIF through the payment of compensation in the event that the CIF in question was unable to:
Membership of the ICF ensures that clients of FXCC can claim compensation in the event that FXCC is unable to compensate its clients for a claim.
This provides FXCC clients with an extra measure of insurance for their funds.
The ICF does not cover Institutional or Professional investors but only retail Clients of FXCC.
Under the Rules and Regulations of the ICF, the total payable compensation to each covered Client may not exceed €20.000, irrespective of the number of accounts held, currency and place of offering the investment service.
Non-Covered Clients2.1 Under applicable Regulations the Fund does not compensate the following:
Each eBook is a complete guide which helps you understand key trading concepts and create a Forex trading strategy tailored to your individual goals...
What Forex Traders can expect in 2018? FXCC presents you in an essential report all the key economic events and main focus centring on the...
One simple method we can use, in order to begin to understand the concept of spreads in the forex market, is to consider the times when we...