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Xtrader fx review

by ebisi mark (2018-11-17)

CySEC applies certain rules and requirements to Cyprus Investment Firms. For instance, they must maintain net tangible assets amounting to at least €730,000 in order to prove their good financial standing. Furthermore, the Cypriot watchdog requires forex brokers to keep customer funds in segregated accounts, separated from the company’s operating funds. As a further guarantee to clients’ funds, all CySEC-regulated companies are members of the Investor Compensation Fund, which is able to pay compensation up to 20,000 EUR, If the company becomes insolvent or discontinues operations.