Providing Maximum Protection is our Primary Concern
Fund safety and security lies at the core of our philosophy to provide a safe trading environment, therefore, we follow transparent procedures and maintain the highest financial standards.
At OptionTrade, we have taken all necessary steps to ensure your funds are secure so that you can trade with peace of mind.
OptionTrade is a registered brand name of HF Markets (Europe) Ltd a Cypriot Investment Firm (CIF) that is regulated by CySEC under license number 183/12; as such it adheres to strict trading laws and regulations to protect traders’ interests. By law, we are to maintain sufficient liquid capital to cover all our client deposits and any unforeseen fluctuations in the company's currency positions. A detailed annual audit performed by Deloitte informs the regulator of any deficiencies.
The broker is also registered with the Financial Conduct Authority and complies with the Markets in Financial Instruments Directive (MiFID). This ensures a robust, dependable trading service and high level of security for our clients.
Accounts with Top Tier Banks
OptionTrade has strong partnerships with some of the world’s top-tier banks, including Barclays and BNB Paribas. Using only investment grade global banks to safeguard client funds was a conscious decision by OptionTrade in an effort to become the most reliable and transparent binary options broker in the industry.
Segregation of Funds
Clients’ funds deposited with OptionTrade are held separately from the company’s own funds. This means that if the company defaults, clients’ funds cannot be used to pay back creditors. This is yet another effective measure taken by OptionTrade to ensure clients’ funds are protected.
Investor Compensation Fund (ICF)
The ICF was established under the Investment Firms (IF) Law 2002 as amended (the 'Law') and the Establishment and Operation of an Investor Compensation Fund for customers of CIFs Regulations of 2004 (the 'Regulations') which were issued under the Law. The Fund constitutes a private legal and has been operating since 30th May 2004. HF Markets (Europe) Ltd is a member of the Investor Compensation Fund (ICF), therefore, OptionTrade's retail client funds are insured up to a maximum of EUR 20,000.
As a CySEC regulated firm, we apply a set of risk management procedures to ensure our capital requirements are met at any time. OptionTrade endeavours to perform regular risk management assessments and closely monitors all risks associated with its operations.