Safety of FundsThe Most Important Factor For Everyone
We know the safety of client funds is the most important factor.
Therefore, we’ve implemented the latest Safety Regulations.
The implemented safety solutions are:
- Accounts with Tier 1 UK Bank: The Client funds are held on segregated accounts at Wels Fargo UK, a Tier 1 Bank.
- Segregation of Client Funds: Tradeview maintains segregated client accounts to ensure that customer funds are fully segregated from Tradeview’s own funds at all times. Customer accounts have the required coding to ensure that they are used for customer funding purposes. All client funds deposited at Tradeview follow our policies and procedures, with activities monitored and reviewed by our external and internal auditors. Every Segregated Customer accounts are administered by Fund Administration Inc. FundAdministration Inc. provides professional accounting, consulting & administrative services for hedge funds, broker dealers, fund of funds, CTAs, CPOs and other managed accounts. Tradeview entered into this custodial & administrative services relationship in order to satisfy client demand for a separation between client funds & company funds, where there is an INDEPENDENT fund administrator overseeing client funds.
- Regulation: Tradeview is regulated and authorised by the Cayman Island Monetary Authority (CIMA) and abides by the strictest standards, including and not limited to capital adequacy requirements. The company submits financial reports to CIMA on a regular basis including risk reconciliations of client funds. In terms of compliance, Cayman Islands are ranked 5th place with FAFT (Financial Task Force, the multilateral Institution that establishes the standards for anti-money-laundering). The Cayman Islands is the No.5. banking center in the world with $1.5 trillion in banking liabilities. The 50 largest bank has branches at Cayman Islands.
- Risk management: Tradeview through its trading platforms provides an optimised risk management system that ensures that our clients’ account balances will never go negative.