Here at Bitpesa we understand that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds. We have therefore taken additional measures to ensure adequate levels of safety for your funds.
The Company has made further efforts to safeguard its liabilities against Clients and other third parties with a Civil Liability insurance program for a limit of €5,000,000, which includes market leading coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss.
The Bitpesa brand has become a global leader in online trading, specializing in forex, derivatives on US and UK stocks, commodities, spot metals, and indices.Client fund security has been a part of our philosophy alongside unmatched trading conditions and customer support. With global recognition for excellence, a solid reputation, and multi-award winning services, our clients are assured that their funds are held securely.
Bitpesa made the decision to only use major global banks. The strength and international standing of the Bitpesa brand enables the company to provide liquidity through major banks.
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.
Volatility often occurs in the market. Bitpesa’s 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.
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Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. *Low spreads and zero commission depend on product and account type. Margined FX and contracts for difference are complex leveraged products which carry a high level of risk and can result in losses that exceed your initial investment. We recommend you seek professional advice before investing. We provide an execution-only service. We do not provide investment advice or management services. Any analysis, opinion, commentary or research-based material on our website is for information and educational purposes only and is not, under any circumstances, intended to be an offer, recommendation, advice or solicitation to buy or sell. The information on this site is not directed at residents of the United States, Belgium, Canada and Singapore and is not intended for use by any person in any jurisdiction where such use would be contrary to local law or regulation.
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