Risk Warning: Investing in financial instruments as well as trading FOREX and other leveraged derivatives involves a ig degree of risk and may not be suitable to all investors. Trading such financial instruments can increase losses as well as gains on the relatively small movements of the underlying market. or its officials are not responsible for any losses, and before trading, one should consult an independent advisor or professional entity if necessary. For further information please refer to the Risk Warning that is available on our web site.
Client Money Protection
Client Fund Segregation
All client funds are held in segregated accounts, totally separate from any and all FXMaster corporate accounts. Our External Auditors are Deloitte, one of the world's leading financial auditors.
Investor Compensation Fund
FXMaster is a member of the Investor Compensation Fund (ICF). The full terms can be found here
INVESTOR COMPENSATION FUND
General Outline of the Investor Compensation Fund
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:
- return to covered Clients funds owed to them or funds which belong to them but are held by the CIF in the context of providing investment services to the said Clients or hand over to covered Clients financial instruments which belong to them and which the CIF concerned holds, manages or keeps on their account.
- Membership of the ICF ensures that clients of FXMaster can claim compensation in the event that FXMaster is unable to compensate its clients for a claim.
This provides FXMaster clients with an extra measure of insurance for their funds.
The ICF does not cover Institutional or Professional investors but only retail Clients of FXMaster.
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 Clients
2.1 Under applicable Regulations the Fund does not compensate the following:
- States and international organizations.
- Central, federal, confederate, regional and local administrative authorities.
- Enterprises associated with FXMaster, in accordance with the Fifth Schedule of the Law 144(I).
- Managerial and administrative staff of FXMaster.
- Shareholders of the FXMaster, whose participation directly or indirectly in the capital of FXMaster amounts to at least 5% of its share capital, or its partners who are personally liable for the obligations of FXMaster, as well as persons responsible for the carrying out of the financial audit of FXMaster as provided by the Law, such as its qualified auditors.
- Investors having in enterprises connected with FXMaster and, in general, of the group of companies, to which FXMaster belongs, positions or duties corresponding to the ones listed in paragraphs (5) and (6).
- Second-degree relatives and spouses of the persons listed in paragraphs (5), (6) and (7), as well as third parties acting for the account of these persons.
- Apart from the investors referred to in subsection (2) of section 55 of the Law 144(I), investors-Clients of a member of the Fund responsible for facts pertaining to the member of the Fund that have caused its financial difficulties or have contributed to the worsening of its financial situation or which have profited from these facts.
- Investors in the form of a company, which due to its size, is not allowed to draw a summary balance sheet in accordance with the Companies Law or a corresponding law of a Member State of the European Union.