Your financial security is of utmost importance to us. To that end, we have taken all possible steps to provide our clients with peace of mind so that when you choose to trade with LetsTrade, you are choosing to trade with one of the safest and most reputable companies in the industry.
LetsTrade” is a registered trading name of JFD Brokers Ltd. JFD Brokers Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission - CySEC (Licence number: 150/11) and is a Member of the Investor Compensation Fund (ICF). JFD Brokers Ltd is registered with the German Federal Financial Supervisory Authority - BaFin (Registration number: 126399), the British Financial Conduct Authority - FCA (Registration number: 580193), the French Autorité de Contrôle Prudentiel et de Résolution - ACPR (Registration number 74013) and is MiFID compliant under the Investment Services and Regulated Market Law of 2007 (Law number: 144(I)/2007).
All client funds, without any exceptions, are fully segregated into a special client account and kept separate from LetsTrade’s company funds. Segregation provides complete security by ensuring that client funds will not be used to pay back creditors in the unlikely event of the default or insolvency of LetsTrade. All funds, whether they are classified as company funds or client funds, are kept without any exception in world class financial European institutions, amongst the safest in their category.
All your funds, without any exceptions, are fully segregated into special client accounts and kept separate from our company funds, ensuring they remain secure. Whether they are classified as company funds or client funds, they are kept in licensed, world-class financial institutions in the UK and Germany, amongst the safest in their category.
The Investor Compensation Fund (ICF) is an extra measure of insurance for your funds. As we are a member of this fund, our clients may be eligible to put a claim into the ICF in the event that JFD Brokers unable to meet its financial obligations. Eligibility depends on the status and the nature of the claim.