Committed to keeping your funds safe
What do we do for security of your funds
Keeping your money safe is our highest priority. Therefore we have taken out a supplementary insurance which covers every client up to £1,000,000. This service is free of charge for our clients and corresponds to the highest standards within the industry.
Visit our Free Insurance page for more information on this added security for all our customers.
Never lose more than your deposit
In 2015, we introduced Negative Balance Protection for all ayondo branded clients. In the event your losses exceed your account balance, we will not seek to recover those losses from you.
We offer this to make you feel safer while you are trading with us. In addition, you are able to calculate in advance your maximum loss should the market move unexpectedly.
Negative balance protection is only available for ayondo-branded clients, not to all ayondo clients with WLs.
Regulation is key
ayondo markets Limited is authorised and regulated by the FCA and ayondo portfolio management GmbH is authorised and regulated by the German Financial Supervisory Authority (BaFin). The FCA has very strict regulations about client money designed to protect both retail and professional clients, and we follow both the spirit and the letter of the regulations:
Segregated bank accounts
Client money is held in a segregated bank account, separate from ayondo’s business account, and only in reputable banks.
Segregation means that your money is kept separate from ayondo market’s own business money, in pooled client money bank accounts. These accounts are maintained with reputable banks and periodic reviews are carried out to make sure that these banks are in good financial condition.
ayondo markets follows “normal approach” specified in CASS 7 of the FCA handbook. Under the normal approach, all client money is directly deposited into client money accounts with a bank as soon as possible. A daily internal reconciliation of client money is performed and shortages, if any, are transferred immediately from our own money.
All client money is held on deposit in Trust accounts with banks, so that any creditors of Ayondo Markets would have no legal right to it nor can Ayondo Markets use any of this money to cover its obligations, and is subject to controls and procedures required by the FCA.
Daily internal reconciliations are performed to make sure that we have enough funds to pay our retail client liabilities, as and when requested. Regular client money reports are submitted to the FCA, proving our solvency.
Furthermore an annual client money audit is carried out by an independent audit firm.
Highest levels of encryption and secure technologies
We use the highest levels of financial services security on all our software to protect you from attack and fraud.
We constantly review our systems according to financial services industry best practice. We also review our systems against both current and projected security threats.