At FxGrow, we realize that prosperous traders have to allocate all their time and efforts for their trading rather than worrying about the safety of their funds. Our clients' funds are always the top of our priority, therefore we exercise due diligence in handling clients' deposits and withdrawals.
Creating a safe and secure trading environment is a key concern at FxGrow.com, and especially the deposit and withdrawal of your valued funds.All funds are strictly maintained in the safest top tier banks. The company has separate bank accounts for operating funds and customer deposits. Customer funds are never commingled with company funds.
FxGrow guaranty its clients that their funds are secure and that trading is safe across all FxGrow Global offices around the world.
Our safeguarding policies include:
Based on the EU financial regulation, the management at Growell Capital is compiled to segregate the clients' funds from the company's operational funds, and to be supervised on a daily basis.
Retail client funds are insured by the Investor Compensation Fund for Customers of Cypriot Investment Firms (up to 20,000 EUR per client). Complete details will be provided upon request.
The FxGrow R&D team maintains durable safety protocols to ensure site and platform integrity. Growell Capital Limited uses a combination of advanced technical and physical safe environments to protect all data systems:
- Scrupulous firewalls and Secure Sockets Layer (SSL) software is used to protect e-data during transmission
- Data transfers between server/ terminals are transmitted using SSL encryption
- Financial transactions are executed by tier 1 PCI certified international payment service providers
The trading success of our Clients is our primary objective and that is why FxGrow applies the Negative Balance Protection Policy across all trading accounts The Negative Balance Protection Policy ensures clients that they will not lose more than the capital they have invested.
Kindly note that FXGrow.com is managed by Growell Capital Limited - a Cyprus Investment Firm (CIF) - which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license no. 214/13. Growell Capital Limited regularly submits financial reports to CySEC in order to validate its financial stability and ensure its strict compliance with requirements, among which the adequacy of capital in order to protect client funds.