Safety of Funds
Where UBK Markets Ltd provides your trading service, trade execution and client-money handling are governed by its applicable client agreement and policies. The arrangements for each account or service are identified in its client documentation. For eligible claims relating to covered investment services provided by UBK Markets Ltd, Cyprus Investor Compensation Fund protection may apply, subject to the scheme’s rules and limits. Any applicable protection is identified in the relevant client documentation.
Keeping client money separate from our own
The client money and client assets rules, which are stringent regulatory requirements, govern how we handle your money. This implies that we keep client funds and assets separate from our own. Moreover, we are not permitted to use the money you deposit for any purpose related to our business. Your funds and assets are fully segregated and safeguarded in the unlikely event that we go bankrupt.
In cases of title transfer, where professional clients have executed a legal document specifying how their funds and/or assets are held, there is an exception to this fund segregation policy.
What happens to your money when you deposit using Volity?
When you deposit money with us, it is deposited into separate bank accounts overseen by trustee arrangements. This ensures that the funds stay your property and are not integrated into our holdings. Furthermore, by making sure the money is clearly identifiable as belonging to clients, this arrangement keeps Volity and its creditors from claiming ownership, charge, or right of set-off or retention over the money.
When you deposit money with us, it is deposited into separate bank accounts overseen by trustee arrangements. This ensures that the funds stay your property and are not integrated into our holdings. Furthermore, by making sure the money is clearly identifiable as belonging to clients, this arrangement keeps Volity and its creditors from claiming ownership, charge, or right of set-off or retention over the money.
When you deposit money with us, it is deposited into separate bank accounts overseen by trustee arrangements. This ensures that the funds stay your property and are not integrated into our holdings. Furthermore, by making sure the money is clearly identifiable as belonging to clients, this arrangement keeps Volity and its creditors from claiming ownership, charge, or right of set-off or retention over the money.
For eligible claims relating to covered investment services provided by UBK Markets Ltd, Cyprus Investor Compensation Fund protection may apply, subject to the scheme's rules and limits. Any applicable protection is identified in the relevant client documentation. Verify on the CySEC public register: cysec.gov.cy. UBK Markets Ltd is authorised under licence 186/12.
