Regulation
Fx172 undertakes regulated trading with transparency and high ethical standards.
In today’s online environment, there are many brokerages and financial entities offering online trading.
It is very important to recognize and be familiar and aware of the benefits and advantages available
in online trading, in addition to the risk associated with every trading environment; whether online
or even with your local bank.
We think every trader and client of Fx172 should take the right amount of time to review and
understand our Terms and Conditions and Legal Documentation to get the services we offer and
to read all the required information.
The first step to a successful, profitable trading experience is trading with an experienced broker,
who provides access and information that you need as a client. Fx172 is highly diligent and
transparent with our pricing, commissions, procedures and regulatory and compliance requirements
to support you as our trading client and partner.
There are many brokerages offering online trading, you’ve made the smart choice to trade with Fx172 .
One of the major requirements for regulated brokerages includes a certain amount of secured funds
held in authorized banking entities to ensure solvency and liquidity of the regulated broker to ensure
precise coverage for all trading positions. Fx172 maintains such liquidity in several of the leading
banking organizations, for our protection and our client’s protection and safety in a regulated and
compliant marketplace.
Another major criterion of regulated trading at Fx172 includes KYC, or “Know Your Client”
requirements and procedures. This means that by law we are required to demand and maintain
accurate and authentic verification of your personal identity, your known address and other
financial details. This information is used only and specifically for the purpose of compliance with
international and local Anti-Money Laundering laws and initiatives.
All client’s funds are managed in separated accounts, at all times. This means when you deposit
funds to your Fx172 trading account, those funds are maintained securely and safely, in total
and complete separation from the brokerage’s operating and trading costs.
We support and encourage your trading success. We do not trade against the interests of our
client’s trading positions and leverage amounts to further your trading liquidity are based upon the
recommended amount.
Obligatory Reporting and Accounting
Fx172 is required to maintain all our financial records, trading transactions, and data at all times.
We are also required to report such details to a recognized, third-party accounting firm for audit
annually or whenever requested by our regulator.