FXDD Trading Platforms Demonstrate Importance of Regulation in the Forex Industry
Trading in lucrative forex markets can have significant returns, but not without a risk of investment. Forex industry leader FXDD ensures top-quality regulation of funds and assets, minimizing risk and ultimately creating a safer and more secure trading environment for clients.
FXDD is a world leader and provider of cutting-edge forex technology and resources that allow users to take control of their investments like few services can. Through the FXDD platforms and online tools, users can access up-to-date market analyses and projection tools to help them make only the wisest and most educated investment choices.
A major concern for investors when shopping forex brokers is the regulation and safety of their funds. However, FXDD provides protection to their investors through the Investor Compensation Scheme administered by the Malta Financial Services Authority (MFSA).
FXDD Malta Ltd. Contributes to this scheme annually. in the unlikely event that it becomes insolvent, then its customers are afforded protection through their initial agreement. FXDD Malta customers would be eligible for compensation of 90% of their investment, which is up to a maximum limit of €20,000. Because the Investor Compensation Scheme was set up as a protection for retail customers, professional clients and certain counterparties fall out of the scope, so it’s best to ask regulation questions to qualified representatives up front.
FXDD Malta Ltd also offers their clients the benefit of Negative Balance Protection meaning that any client trading losses can’t exceed the available funds in client accounts. And that ultimately means that their account balances will never be negative and that clients are not liable for any loses more than what they have deposited.
In addition, FXDD separates clients’ funds to ensure the safest regulation––storing them in a segregated bank account that exists separately from company funds. There’s no worry over client funds disappearing or coming into question should the company face difficulties in the market, which is a huge benefit to prospective clients. FXDD holds client funds in top tier banks in Europe and the United States as well.
To assure that users invest with peace of mind, FXDD Malta Ltd. holds a Category 3 investment services license issued by the Malta Financial Services Authority (MFSA). Because of this, FXDD is authorized to operate and provide cross-border investment services in all countries within the EEA. This includes, among others:
FCA, United Kingdom –– The Financial Conduct Authority (FCA) is an independent body without ties to any government. It receives statutory powers from the Financial Services and Markets Act of 2000 and is a company “limited by guarantee and financed by the financial services industry.”
CONSOB, Italy –– CONSOB (an acronym for its Italian name ‘Commissione Nazionale per le Società e la Borsa’) is the supervisory authority for the Italian financial products market. It aims to protect investors as well as the efficiency, transparency, and development of the market.
CNMV, Spain –– The Comisión Nacional del Mercado de Valores (CNMV) is in charge of supervising and inspecting the Spanish Stock Markets as well as the activities of all participants in those markets.
Interested users looking for a comprehensive forex trading online platform that provides security as well as proper financial regulation should consider FXDD and their user-friendly online platform. With access to lucrative world markets and industry tools and resources, FXDD users are sure to find financial success.