Forex trading is rife with risks and challenges, and traders,
particularly beginners, may be discouraged from entering the space. This has
led to regulators imposing stricter norms on brokerage firms.
While some Forex and CFD trading service providers have yet to
effectively meet these requirements and tailor their offering accordingly,
others have chosen to face these challenges headfirst. AAAFx, an HCMC-licensed
and regulated broker, is a trendsetter from this perspective, creating a safe and secure
environment for traders.
Transparency
One of the benefits of trading with a regulated broker such as AAAFx is
that transparency is at the centre of its service offerings and operations. The
online trading leader upholds this premise through strict adherence to multiple
regulatory norms.
In line with its Hellenic Capital Market Commission (HCMC) and FSCA
license, AAAFx provides clear and transparent information to its clients, regarding
its business operations, trading platforms, account types and trading
conditions.
In addition, the broker discloses all costs and charges associated with
its services on their website, as well as its spreads and leverage divided by
asset class.
Trader protection
Another benefit of investing with a regulated broker is the extra layer
of protection offered to traders. AAAFx has shown time and time again that
creating competitive trading conditions is its top priority, as evidenced by
its rigorous compliance with the European Union’s General Data Protection
Regulation (GDPR), European Security and Markets Authority’s MiFID II Directive
and FSCA regulatory framework.
As data privacy and security are crucial in trading, AAAFx implements
various measures aligned with these standards, including data encryption and
fund safety. The broker keeps clients fully informed about the way it processes
their private data and how it acts in their best interest.
Fund safety and
account segregation
As a regulated broker, AAAFx also prioritises the safety of its traders’
funds and assets, applying various measures to protect them with maximum
efficiency. The company’s client funds are kept in the safety of top-tier
banks, entirely separate from its own cash holdings, ensuring they will never
be used outside their intended purpose.
Additionally, the broker offers negative balance protection, making sure
that clients cannot lose more than they initially invested.
Clients’ investments are also covered by the Investment Guarantee Fund.
In the unlikely event that the company fails to fulfil its obligations, clients
will be reimbursed by up to €30,000 per person*.