Risk Warning: Trading CFD products carries a high level of risk and may not be suitable for all investors. Most of retail investor accounts lose money when trading CFDs with this provider.
Your assets are held in segragated client bank accounts at regulated banks. XBTFX (SC) Ltd. primary banking partner is ABSA Bank (former Barclays).
We work with regulated entities. Our counterparties are regulated in multiple jurisdictions – Cyprus, Estonia, Mauritius and more. Our wallet infrastructure is provided by a regulated Business-to-Business provider in Estonia that complies with EU standard of security and AML policies.
Regulated by the Financial Services Authority in Seychelles with License No. SD169.
Your money and assets are ring-fenced from creditors in the unlikely event that XBTFX (SC) Ltd. goes into liquidation.
XBTFX (SC) Ltd. is required by regulation to separate keep client funds and assets from its own resources. This means we aren't allowed to use client funds in the course of business activites and they are ring-fenced and protected in the unlikely event of XBTFX (SC) Ltd. becoming insolvent.
XBTFX (SC) Ltd. is an authorised Securities Delear by the Financial Services Authority of Seychelles.As a regulated company we are under constant monitoring and are required to submit annual audits and quarterly regulatory reports.
We work with a regulated liquidity provider holding licenses in Cyprus, Mauritius and Vanuatu. We segregate customer funds and company funds by using separate cold wallets for either.
Your money is held in segregated bank accounts. This ensures that the cash remains yours, rather than XBTFX’s. It also means that it’s easily identifiable as client money, so XBTFX and its creditors don’t have any charge, liens, or rights of set-off or retention over it.
We have partnered with ABSA (former Barclays) for our segregated bank accounts. ABSA is one of the most credit-worthy high street bank in the Africa region and we are constantly expanding our partnerships.
As all deposits lodged with us are held in trust for you in a regulated trust account, in such circumstances those deposits would attract all legal protections afforded to trust money.
Net unrealised running profits are also held in trust by us and would normally be similarly protected for your benefit as beneficial owner.
