Yes , Activtrades is authorized and regulated in the UK by the Financial Conduct Authority (FCA) , and their activities are approved by the respective regulatory bodies in different countries of the European Union.
Your money is held in a separate customer account. In addition, Activtrades is member of the Financial Services Compensation Scheme (FSCS) covering 100% of the first ┬ú 50,000 like maximum compensation. You can contact with this institution by calling its hotline at 0800 678 1100 020 7741 4100 or by accessing their website.
In addition to the protection that the FSCS provides investors, Activtrades acquired without direct cost to customers additional insurance that provides additional 50,000 pounds offered by the FSCS coverage.
This product is brand new on the market and Activtrades is the first of its kind protection.
The policy is subject to certain terms and conditions.
This policy is underwritten by Lloyd┬┤s of London. Lloyd┬┤s of London is a world specialist in the insurance market. Lloyd┬┤s is not a company, it is a market. Its members are united in the form of union to ensure risks. A December 31 consisted of 88 members.
Unions ensure Activtrades are QBE policy, XL, Merkel , Apollo, Chaucer and Aegis. At Lloyd┬┤s, several unions assume a portion of the same risk. Lloyd┬┤s of London currently has a rating of A (Excellent) with a "stable outlook" issued by the rating agency AM and an A+ rating with "stable outlook" rating from Fitch Ratings and Standard and Poor. You can find more information about Lloyd┬┤s of London in www.lloyds.com
In the unlikely event that Activtrades be declared insolvent and investors may not recover their funds , the FSCS provides cover of ┬ú 50,000 per person. It could employ additional protection policy if the following are true:
1. The FSCS Activtrades insolvent.
2. Administrators certify that client funds were not segregated.
Those customers who have deposited more than ┬ú 50,000 with Activtrades can enjoy the protection afforded by the policy that goes beyond that offered by the FSCS. This product is brand new on the market and Activtrades is the first of its kind protection . With Activtrades their deposits are protected up to ┬ú 500,000.
You can make transfers in the following currencies EUR, GBP, USD or CHF , and transfer shall be converted into the currency of denomination of your account to the current market rate (probably a more appropriate rate that applied by an external source).
To open it is necessary that both holders complete the form opening and sent an email stating its willingness to open a joint account indicating the name of the person with whom you want to open the account.