Thursday, 1 November 2012
Safety through choice, not by chance
In an earlier blog post I talked about the unprecedented level of fund safety that you receive through FXPRIMUS, and I wanted to expand on that more to let you know all about Trust accounts.
In another industry first, FXPRIMUS is the first broker in the world to offer a Trust account option for ALL clients, regardless of their account size.
Gone are the days of needing a USD250,000 account to benefit from the advantages of Trustee services!
How do you benefit from a Trust account?
Funds held in a Trust account are completely separate from the assets of FXPRIMUS (e.g., funds held in a Trust are completely off the FXPRIMUS balance sheet).
This means that if for any reason the company were to stop trading your funds are fully protected against the claims of creditors, liquidators or any other third party.
NO OTHER brokerage offers this kind of fund safety to all its traders!
As mentioned, these funds are held by an independent custodian trustee called Turnstone Trustees at Barclays Bank. This unique arrangement allows you to fund your account through the trustee and give you the peace of mind that your funds are 100% safe and secure.
Signing up for a Trust account is easy and inexpensive:
It only costs a one-time fee of USD50 to sign up for an FXPRIMUS Trust account.
Traders new to FXPRIMUS can choose to pay the one-time fee as a deduction from their first Live account deposit.
Existing clients just need to log in to the FXPRIMUS Member Area and select the ‘Trust’ option. Once selected, FXPRIMUS deducts the USD50 one-time fee from the trader’s account.
P.S. Have you heard about FXPRIMUS Coach yet? Get 60 days FREE access to the industry best personal coaching and tutorial program when you open a fund a Live account with FXPRIMUS.