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Tadawul FX Ltd places great importance on safeguarding client assets. As a licensed Cyprus Investment Firm, Tadawul FX Ltd has to follow strict rulings in order to comply with numerous directives that pertain to the safety of client funds. In particular, for the purposes of safeguarding clients’ rights in relation to funds belonging to them, Tadawul FX Ltd has taken all necessary steps to ensure that client funds are deposited in an account or accounts that is (are) identified separately from any accounts used to hold funds belonging to Tadawul FX Ltd.
Furthermore, the Company keeps such records and accounts as are necessary to enable it at any time and without delay to distinguish assets held for one client from assets held for any other client, and from its own assets. Tadawul FX Ltd maintains its records and accounts in a way that ensures their distinction, accuracy and correspondence to the funds held for clients.
Lastly, Tadawul FX Ltd has established adequate organizational arrangements designed to minimize the risk of the loss or diminution of client assets, or of rights in connection with those assets, as a result of misuse, poor administration or negligence.
Tadawul FX also offers all retail clients an Investor Compensation Fund.