CK Markets Ltd is registered under Financial Service Authority (FSA) as an International Business Company with the registration number 24405 IBC 2017.
The objects of the company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines, 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs, cryptocurrencies and leveraged financial instruments.
Accounts with major banks
CK Markets made the decision to only use major global banks. The strength and international standing of CK Markets brand enables the company to provide liquidity through major banks. Clients are benefit from deep liquidity, provided by international top-tier banking institutions.
Clients’ funds are received into bank accounts separate from those used by the company. These funds are off the balance sheet and cannot be used to pay back creditors in the unlikely event of the default of the Company.
This mean client funds are kept in segregated bank accounts to make sure that they are always protected.
Insurance Coverage for Client’s Fund
We offer a comprehensive fund protection structure to both our professional and retail clients’ funds. Our insurance covers way above the threshold set by our regulator. Individual accounts are insured up to €2,500,000 without any cost to clients for protection. Retail clients are generally covered while for professional clients the nature of insurance depends on the business.
Negative balance protection
Volatility come in different forms and often occurs in the market. CK Markets policy of negative balance protection means that even under highly volatile conditions when margin calls and stopouts do not function correctly, no client is responsible for paying back a negative balance.
The Company continually identifies, assesses, and monitors each type of risk associated with its operations. This means assessing on a continuous basis the effectiveness of the policies, arrangements, and procedures in place which allow the company to easily be able to cover its financial needs and capital requirement at any time.