FXPRIMUS (Europe) CY Ltd has today announced that the Boudica Client Trust has been appointed to independently oversee client funding processes for FXPRIMUS.
As part of this new third party process, the Boudica Client Trust will monitor and oversee the funding and withdrawal requests of client accounts, without delays to the client, to ensure that FXPRIMUS operates in line with regulatory requirements, as necessitated by CySEC.
Such increased safety measures complement the advanced risk management systems already in place, which aim to protect clients from extreme market volatility.
Director & CEO of FXPRIMUS, Terry Thompson commented: “We are delighted with the appointment of the Boudica Client Trust, to oversee our client funding processes. As the first global brokerage to offer this unprecedented safety measure, we are setting new industry benchmarks on the provision of exceptional value added features for safety of our clients’ funds.