Safety of Funds
Safety of Funds
As a directed merchant, it is of central significance to Summit Wave Trades that customers' cash is secured properly. Guidelines forced upon Summit Wave Trades Ltd. guarantee that Summit Wave Trades is dependably in consistency with guidelines so customers can trade with certainty safe in the information that their assets remain their funds consistently.
Regulated by MFSA
Summit Wave Trades Ltd. is controlled by the MFSA, a standout amongst the most regarded administrative bodies built up inside the steadiest economies in Europe. As a directed broker, Summit Wave Trades Ltd. is authorized to work a Forex Brokerage. To keep up its permit, Summit Wave Trades Ltd. is liable to stringent controls and trial of monetary and accounting transparency.
Segregation of Client Funds
All customer funds saved with Summit Wave Trades Ltd. are 100% isolated from the organization's funds, and, as required by MFSA, are saved into independent bank balances. This isolation of funds guarantees customers deposits cannot be utilized for any reason other than customer account trading. Our universal auditor, PwC (Price Waterhouse Coopers) is there to autonomously confirm that Summit Wave Trades 's business tasks meet and surpass the highest industry norms.
Partnership with Investment Grade Banks
Summit Wave Trades Ltd. accomplices with Tier 1 venture evaluation European and universal banks that appreciate probably the most astounding appraisals by Moody's, Fitch and S&P. Summit Wave Trades Ltd. has joined forces with Barclays, CitiFX Pro, UBS and Deutsche Bank empowering Summit Wave Trades to use stable banking facilities with limited exposure to credit hazard and guarantee our customers approach profound liquidity when they trade.
Negative Balance Protection
A vital piece of our exclusive innovation is centered around hazard management for our customers. At Summit Wave Trades Ltd. we've created both the systems and techniques to robotize observing of each transaction and risk-management procedure. This is done so as to ensure that customer account balance dependably stay in credit, while open positions are shielded from misfortunes past the original investment.
Utilization of logos of any financial regulator or expert does not connote endorsement or endorsement by such authority of the items or services offered by Summit Wave Trades .