Company news

FXPRIMUS sets a new industry benchmark in safety of funds, by appointing a third party to oversee the client funding processes


FXPRIMUS (Europe) CY Ltd. – The Safest Place To Trade is pleased to announce that the Boudica Client Trust has been appointed to independently oversee client funding processes for FXPRIMUS.


The appointment comes as part of the overall FXPRIMUS strategy to position itself as one of the safest places to trade, for retail clients trading forex, commodities or indices online.


As part of this new third party process, the Boudica Client Trust will monitor and oversee the funding and withdrawal requests of client accounts, without delays to the client, to ensure that FXPRIMUS operates in line with regulatory requirements, as necessitated by the European belonging regulator, CySEC. Such increased safety measures complement the advanced risk management systems already in place, which aim to protect clients from extreme market volatility.


Director & CEO of FXPRIMUS, Terry Thompson commented: “We are delighted with the appointment of the Boudica Client Trust, to oversee our client funding processes. As the first global brokerage to offer this unprecedented safety measure, we are setting new industry benchmarks on the provision of exceptional value added features for safety of our clients’ funds.”


About FXPRIMUS Europe (CY) Ltd


FXPRIMUS Europe (CY) Ltd is globally acclaimed for offering one of the safest and most secure online trading environments available anywhere in the forex industry. The company enables clients of all experience levels to trade multiple instruments including forex, commodities, energies and indices, via a range of advanced web and mobile trading platforms.


Lightning quick execution via state-of-the-art execution systems worldwide combine to create a seamlessly efficient trading environment. Client funds are protected via an unshakable risk management model, built to withstand any unexpected market volatility. Through the advanced risk management systems, featuring strict regulation, negative balance protection and segregated client funds, the company offers an unprecedented safeguarding of client assets. We are also fully regulated by CySEC, and in full compliance with the regulations of Markets in Financial Instruments Directive (MiFID.) Clients of FXPRIMUS Europe (CY) Ltd are supported through their unparalleled trading experience with the most innovative tools and resources, and best financial education. The company actively empowers its traders of all experience levels with the skills and the knowledge to make effective trading decisions, helping them to achieve sound financial success.


In January 2015, FXPRIMUS Europe (CY) Ltd announced its official partnership Manchester City Football Club.

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About Boudica Group


The Boudica Group is an international fiduciary service provider and business consultancy. The Group is head-quartered in the EU, with offices and representations in Canada, South Africa, Dubai, Tanzania, Seychelles and Hong Kong. The Boudica Group serves corporate clients and high net worth individuals by providing specialist management services in respect of international trusts and holding companies, as well as undertaking specialist business projects.

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Thursday, 16 Jul, 2015 / 6:54

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