Your Funds’ Security is our Top Priority
For Deposit Options we partnered with some of the strongest entities in this industry to offer fast, secure and reliable deposit options for all our clients. Please login into your client cabinet for using the Deposit Options currently available for funding your trading account.
Accounts with major banks
NewbieFX made the decision to only use major global banks. The strength and international standing of the NewbieFX brand enables the company to provide liquidity through major banks.
Segregation of funds
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.
Negative balance protection
Volatility often occurs in the market. NewbieFX’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.
Market Leading Insurance
Clients’ deposits are protected under the requirements of our internal business laws (Terms and Conditions apply). 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 €50,000, which includes market leading coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss.
There is no additional cost to our clients for this cover.
For more details please do not hesitate to contact us at email@example.com.