LIMASSOL, Cyprus, March 19, 2013 /PRNewswire/ --
FxPro Financial Services Ltd (FxPro), a leading global broker in FX, today reiterates its long-standing commitment to the security and safety of client funds. As a result of measures taken over the past two years, FxPro has positioned itself as the preferred FX broker for ensuring the highest possible levels of reassurance for clients and their funds.
More than 2 years ago, FxPro took the decision to only use global banks of investment grade standing for segregated client accounts (currently Barclays UK and Credit Suisse Monaco) and to keep these banks under constant review. The strength and track-record of FxPro in the forex industry enabled this step to be taken.
Furthermore, in 2012, FxPro expanded its scope of permissions with the FSA in the UK, to allow the holding of client funds within its separate UK entity. Where possible, this has given clients the choice where to open their trading account and also in which bank they wish to deposit their funds.
Charalambos Psimolophitis, CEO of FxPro, commented: "For a long time, we have recognised the need to offer clients the highest levels of reassurance and protection for their funds. We remain confident that the measures we have taken put FxPro at the forefront of the global forex industry in placing the security of client funds at the core of our business."
Notes to Media
FxPro Financial Services Limited is an award-winning and rapidly expanding industry leader in the fast growing FX market. Serving clients from more than 140 countries with advanced trading facilities and outstanding levels of customer support 24 hours a day, 5 days a week, they aspire to be the first choice for clients by investing in their people, innovation and technology and by being the leading provider of FX solutions.
FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission, under licence number 078/07.
FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), registration number 509956.
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SOURCE FxPro Financial Services Ltd