Here at Bitwavexm we understand that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds. We have therefore taken additional measures to ensure adequate levels of safety for your funds.
The Company has made further efforts to safeguard its liabilities against Clients and other third parties with a Civil Liability insurance program for a limit of €5,000,000, which includes market leading coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss.
The Bitwavexm brand has become a global leader in online trading, specializing in forex, derivatives on US and UK stocks, commodities, spot metals, and indices.Client fund security has been a part of our philosophy alongside unmatched trading conditions and customer support. With global recognition for excellence, a solid reputation, and multi-award winning services, our clients are assured that their funds are held securely.
Bitwavexm made the decision to only use major global banks. The strength and international standing of the Bitwavexm brand enables the company to provide liquidity through major banks.
Clients’ funds are received into bank accounts separate from those used by the company. These funds are off the balance sheet and cannot be used to pay back creditors in the unlikely event of the default of the Company.
Volatility often occurs in the market. Bitwavexm policy of negative balance protection means that even under highly volatile conditions when margin calls and stopouts do not function correctly, no client is responsible for paying back a negative balance.
The Company continually identifies, assesses, and monitors each type of risk associated with its operations. This means assessing on a continuous basis the effectiveness of the policies, arrangements, and procedures in place which allow the company to easily be able to cover its financial needs and capital requirement at any time.
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Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Contracts for Difference (CFDs) are not available to US residents. Bitwavexm.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033. Bitwavexm.com may, from time to time, offer payment processing services with respect to card deposits through its affiliate, GAIN Capital UK Ltd, Devon House, 58 St Katharine’s Way, London, E1W 1JP, United Kingdom. GAIN Global Markets Inc. is part of the GAIN Capital Holdings, Inc. group of companies, which has its principal place of business at 135 US Hwy 202/206, Bedminster, NJ 07921, USA.