Security of Fund

GTC Global Trade Capital Ltd. is a official member of the Financial Commission, an international organization engaged in the resolution of disputes in the financial services industry for the forex market.

The Financial Commission was established to be a neutral third party committee to fairly review and resolve complaints. It aims to facilitate a simpler, swifter resolution than through industry regulators and the legal system.The Commission ensures that traders and brokers have their disputes resolved in a quick, efficient, unbiased and authentic manner, while making sure that all parties walk away with a fair and thorough answer to their concerns. The Commission also provides additional protection for traders by using the Compensation Fund.

It is noted that the Financial Commission is an independent external dispute resolution (EDR) organization.

How does it work?

The Compensation Fund acts as an insurance policy for members’ clients. This fund is held in a separate bank account and is only used if a member refuses to adhere to a judgment from the Financial Commission.

How is the Security of Fund financed?

The Compensation Fund is financed by the Financial Commission through the allocation of 10% of the monthly membership dues.

Who is covered?

The fund will only be used for a judgment that has been issued by the Financial Commission. The fund does not cover traders’ losses incurred while engaging in self-directed trading. It also does not apply to a broker’s entire client base should the broker become insolvent.

What is the maximum coverage?

The Compensation Fund will only cover judgments made by the Financial Commission of up to €20,000 per client.For more information, please refer to the website of the FDRC and our Client Agreement.

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This website is operated by the FSP, GTC Global SA (Pty) Ltd (CIPC company number 2020/810937/07), registered Address: 18 Cavendish Road, Claremont, Cape Town, Western Cape, 7708, South Africa. An authorised financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in the Republic of South Africa, with FSP No. 51545. The FSP is not the market maker or product issuer, and acts solely as an intermediary in terms of the FAIS Act between the client and GTC Global Trade Capital Co. Limited, rendering only an intermediary service in relation to derivative products offered by GTC Global Trade Capital Co. Limited. Therefore, GTC Global SA (Pty) Ltd does not act as a principal or counterparty in any of your transactions. By proceeding with opening an account, this will be registered with GTC Global Trade Capital Co. Limited, registered Address: 1/Floor, B&P House, Kumul Highway, Port Vila, Vanuatu, licensed by the VFSC as a Financial Dealer and may act as the relevant product issuer and/or counterparty under the applicable terms and conditions of their Client Agreement.

Depending on the client’s jurisdiction, classification and onboarding route, the relevant product issuer may be GTC Global Trade Capital Co. Limited, GTC Global Ltd or GTC Global Trading Ltd. The applicable contracting entity will be disclosed to the client before account opening and will be identified in the relevant Client Agreement. GTC Global Ltd, a company incorporated in Mauritius with Company Number C188049, holding a Global Business Licence, and authorised and regulated by the Financial Services Commission, Mauritius (FSC) as an Investment Dealer (Full Service Dealer, excluding Underwriting) / SEC-2.1B, Licence No. GB22200292. Registered Office: Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius.

GTC Global Trading Ltd, a private limited company incorporated under the laws of the Autonomous Island of Anjouan, Union of the Comoros, with company number 16283. GTC Global Trading Ltd holds an AOFA licence number. L16283/GTC issued by the Anjouan Offshore Finance Authority. Registered Address: Boulevard de Coalancanthe, Mutsamudu, Anjouan, Union of the Comoros.

Each entity within the GTC Financial Group is a separate legal entity and is authorised, regulated or licensed only in the jurisdiction stated for that entity. No entity’s licence should be understood as extending to any other entity within the group.

Investing in derivative products carries significant risks and may not be suitable for all investors. The use of leverage in these instruments can increase both the level of risk and potential for losses. Before making any decision to engage in foreign exchange trading or Contracts for Difference (CFDs), it is essential to carefully consider your investment objectives, level of experience, and risk tolerance. You should only invest funds that you can afford to lose. We strongly encourage you to educate yourself thoroughly on the associated risks and, if you have any questions, seek advice from an independent financial or tax advisor.

Services are not offered to residents of any jurisdiction where such offer, solicitation, distribution or use would be contrary to local laws or regulations, including but not limited to the United States, Japan, and any jurisdiction subject to applicable sanctions or regulatory restrictions.

Each entity within the GTC Financial Group operates independently. The financial products and services offered on this website are provided by GTC Global Trade Capital Co. Limited.

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