Maximum protection of funds
Spot Capital Markets Ltd takes all necessary precautions to ensure maximum protection of clients’ funds. All clients’ funds are kept in segregated accounts with investment-grade banks.
As a brand of Spot Capital Markets Ltd, MobOption must comply with all EU regulations, including those dealing with capital adequacy requirements. In accordance with these rules, Spot Capital Markets Ltd is required to maintain sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions, and outstanding expenses. Furthermore, Spot Capital Markets Ltd must submit financial reports to the CySEC on a quarterly basis. Any deficiencies are reported to the regulator by an internal auditor who carries out a comprehensive yearly audit.
Spot Capital Markets Ltd is a member of the Investor Compensation Fund for Customers of Cyprus Investment Firms (CIFs). For the members of the Fund, retail client funds are insured up to a maximum of €20.000, in the unlikely event that the company is unable to fulfil its financial obligations. The ICF will secure the claims of Covered Clients, provided that the respective preconditions as included in the Investor Compensation Fund policy are met.
Spot Capital Markets, as an additional step to the above measures imposed for securing clients funds, cooperates only with European Licensed /Regulated Banking Institutions and Payment Service Providers to ensure maximum Security of your funds:
- Astro Bank (Cyprus)
- Optimal Payments Ltd (Neteller) – Authorized by the UK Financial Conduct Authority
- Skrill – Authorized by the UK Financial Conduct Authority
- PowerCash21 – Authorized and regulated by the Central Bank of Cyprus
- Unicredit – Authorized by the UK Financial Conduct Authority
- ECommPay – Authorized by the UK Financial Conduct Authority
- Truevo – Authorized and regulated by the Malta Financial Services Authority
GENERAL RISK WARNING: CONTRACTS FOR DIFFERENCES (CFD) IS A COMPLEX FINANCIAL PRODUCT, WITH SPECULATIVE CHARACTER, THE TRADING OF WHICH INVOLVES SIGNIFICANT RISKS OF LOSS OF CAPITAL. TRADING CFDS, WHICH IS A MARGINAL PRODUCT, MAY RESULT IN THE LOSS OF YOUR ENTIRE BALANCE. REMEMBER THAT LEVERAGE IN CFDS CAN WORK BOTH TO YOUR ADVANTAGE AND DISADVANTAGE. CFDS TRADERS DO NOT OWN, OR HAVE ANY RIGHTS TO, THE UNDERLYING ASSETS. TRADING CFDS IS NOT APPROPRIATE FOR ALL INVESTORS. PAST PERFORMANCE DOES NOT CONSTITUTE A RELIABLE INDICATOR OF FUTURE RESULTS. FUTURE FORECASTS DO NOT CONSTITUTE A RELIABLE INDICATOR OF FUTURE PERFORMANCE. BEFORE DECIDING TO TRADE, YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENT OBJECTIVES, LEVEL OF EXPERIENCE AND RISK TOLERANCE. YOU SHOULD NOT DEPOSIT MORE THAN YOU ARE PREPARED TO LOSE. PLEASE ENSURE YOU FULLY UNDERSTAND THE RISK ASSOCIATED WITH THE PRODUCT ENVISAGED AND SEEK INDEPENDENT ADVICE, IF NECESSARY. SPOT CAPITAL MARKETS LTD DOES NOT ISSUE ADVICE, RECOMMENDATIONS OR OPINIONS IN RELATION TO ACQUIRING, HOLDING OR DISPOSING OF ANY FINANCIAL PRODUCT. SPOT CAPITAL MARKETS LTD IS NOT A FINANCIAL ADVISER AND ALL SERVICES ARE PROVIDED ON AN EXECUTION ONLY BASIS. PLEASE READ OUR GENERAL RISK DISCLOSURE. FOR MORE INFORMATION ABOUT THE RISKS ASSOCIATED WITH CFD TRADING CLICK HERE.
DUE TO REGULATORY RESTRICTIONS, THE COMPANY DOES NOT ACCEPT CLIENTS FROM THE FOLLOWING JURISDICTIONS: AFGHANISTAN, AUSTRALIA, BELGIUM, CANADA, IRAN, IRAQ, ISRAEL, JAPAN, NORTH KOREA, NEW ZEALAND, TURKEY AND THE USA.
MOBOPTION LIMITED OPERATES AS A BRAND OF SPOT CAPITAL MARKETS LIMITED, A CYPRUS INVESTMENT FIRM, LICENSED AND AUTHORISED BY THE CYPRUS SECURITIES AND EXCHANGE COMMISSION (CYSEC), UNDER LICENSE NUMBER 210/13. SPOT CAPITAL MARKETS LIMITED IS LOCATED AT 319, 28TH OCTOBER STREET, KANIKA BUSINESS CENTRE, 2ND FLOOR LIMASSOL 3105, CYPRUS.