Popular Cypriot based Fx broker FxPro has reiterated the safety of its client money by using global banks of ‘investment grade standing’ for segregated client accounts. These banks are Barclays UK and Credit Suisse Monaco.
FXPro also expanded its scope of permissions with the FSA in the UK, to allow the holding of client funds within its separate UK entity.
Charalambos Psimolophitis, CEO of FxPro, commented: “For a long time, we have recognised the need to offer clients the highest levels of reassurance and protection for their funds. We remain confident that the measures we have taken put FxPro at the forefront of the global forex industry in placing the security of client funds at the core of our business.”
