ATFXIs the platform for foreign exchange knowledge safe? Capital supervision explains everything

Often consultedATFXforeign exchangeIn previous content, we have also elaborated on the standards for determining whether a foreign exchange platform is safe and compliant, such as regulatory licenses, fund security, deposit and withdrawal, and so on. Among them, fund security includes fund supervision. Today, from the perspective of fund supervision, we will answer questions such asATFXThe common issue of whether foreign exchange platforms such as foreign exchange are safe.

When it comes to fund regulation, usually major foreign exchange platforms promote that their own platform funds are segregated accounts and managed by well-known banks/Depository, ensuring the safety of funds. We all know that segregated accounts refer to customers' funds stored in specialized bank accounts and separated from the capital accounts of brokers, which can ensure the security of funds.

But there is also a big difference between whether these funds are in custody or custody. Fund custody means that the custodian has an obligation to monitor the flow of funds, conduct transactions according to instructions, and regularly issue custody reports to prove that funds have not been misappropriated. But depository does not have such a requirement. Under the depository model, brokers can still freely control the funds in their accounts, which does not have the effect of isolation. Some black platforms use this method to make money and run away.


So let's take a look nowATFXDisposal methods for foreign exchange fund supervision.ATFXForeign exchange promotion is for holding UKFCAHighest level730KRegulatory licenses, segregated deposits of customer and platform funds, and custody at Barclays Bank, the largest commercial bank in the UK, are in line with the UKFCACheck the results on the official website. In other words,ATFXThe security of foreign exchange funds is guaranteed.

The reason for sayingATFXThe security of foreign exchange funds is guaranteed because account isolation and fund custody are real and effective ways to ensure the security of customers and platform funds. The lack of account segregation means that investors bear the risk of unfavorable operations and bankruptcy of foreign exchange companies, and there are many brokers who donate and run away in a similar situation. Choosing a segregated account means that even if the foreign exchange broker you choose has problems, your money will still be your money, with a small loss (such as administrative expenses), but it can ensure that most of the funds can be retrieved.

Of course, isolating an account does not necessarily mean absolute security. The funds in the isolated account are placed in the custody of the bank, which, as the custodian, is an important link in ensuring fund isolation. Here, experts remind that if the broker cooperates with second or third tier banks, their security needs to be compromised. So when choosing a broker, investors should not forget to check the qualifications of their cooperating banks to ensure the safety of your funds.