There are seven excellent reasons why our clients experience paramount safety and ease of mind when transacting with Tradeview. Here at Tradeview, you can be assured your account funds and deposits are protected with above and beyond due diligence and protective measures from our dedicated team.
1. Accounts with Top Tier Bank
Client funds are held in a segregated account with Santander Bank, a Tier 1 bank via Global Custodial Services
2. Segregation of Client Funds
Simply put, Tradeview maintains segregated client accounts to ensure that client funds are fully segregated from Tradeview company funds at all times. Client accounts are established with the required coding to ensure they are used for clients funding purposes only. All client funds deposited at Tradeview follow our strict policies and procedures, with activities monitored and reviewed by our external and internal auditors.
All Segregated Client accounts are INDEPENDENTLY administered by FundAdministration Inc. FundAdministration provides professional accounting, consulting and administrative services for hedge funds, broker dealers, fund of funds, CTAs, CPOs and other managed accounts. Tradeview entered into this custodial and administrative services relationship in order to satisfy client demand for a separation between client funds and company funds, where there is an independent fund administrator overseeing segregated, client funds.
3. Regulated with CIMA
Tradeview is authorized and regulated by the Cayman Island Monetary Authority (CIMA), the principal financial services regulator of the Cayman Islands, a British overseas territory. CIMA adopts the strictest of standards, including capital adequacy requirements. The company submits financial reports to CIMA on a regular basis including reconciliations of client funds. In terms of compliance, The Cayman Islands are ranked 5th best with the FATF (Financial Action Task Force, the multilateral Institution that establishes the standards for anti-money-laundering) just behind the United States. The Cayman Islands are the fifth-largest banking center in the world, with $1.5 trillion in banking liabilities. It oversees 40 of the world's 50 largest bank branches.
4. Risk Management
Tradeview, through our trading platforms, provides an automated risk management system that ensures that our clients' account balances will never go negative. This measure is in place to protect our clients from the risk that trading and leveraging exposes them to--particularly in volatile markets.
Our technology tracks the balances, positions, profits and losses and margin levels for all account holders in real time. The back office system’s real time margin-watch feature automatically closes out open positions if a customer’s account is at risk of going into a negative balance as a result of a trading position losing value and reaching the minimum margin threshold.
5. Safe, Secure Funding Methods
At Tradeview, we recognize the importance of convenience and flexibility to our partners and clients. We accept and support a multitude of options to fund an account:
Data security is of critical importance to us. We use industry standard products and practices throughout our facilities. We have strict policies and procedures with a minimal set of employees retaining access to customer data. Physical security at our datacenters is handled by security staff present 24 hours a day, seven days a week.
We have established a business continuity process to prepare and maintain business continuity plans and procedures designed to ensure a prompt recovery following the loss or partial loss of any of our infrastructure, systems or locations. We have systems in place to automatically backup of all our servers, customer data and trade orders. Our recovery plans are tested on a regular basis in order to verify their effectiveness. Plans are periodically modified or updated based upon our business needs and infrastructure changes.
7. Regular Internal and External Audits
We are fully compliant with regular internal and external company audits.
For your reference, we’ve attached our latest audit report below.