Maintaining the security of your funds is paramount at Prince Markets. Close consideration should be taken before choosing a Forex broker. Traders should look closely at how their Forex brokers are ensuring their deposits are being looked after. At Prince Markets, many steps have been taken to make sure that our clients’ funds are secure.
At Prince Markets, we are grateful for the trust our clients have in us, and we do all that is in our power to maintain the highest level of protection of their funds at all times.
At Prince Markets, we are strongly committed to our clients. This is evident through the business decisions we make and the impeccable service we provide to all of our clients. Our financial integrity and formidable reputation is everything to us, therefore the protection of clients’ funds comes first before anything else.
Quite often, the best way to judge a firm’s financial integrity is by its reputation and the commitment it shows to its clients through its service and business decisions. Our devotion to our clients has made our firm a respected industry leader. Investors must be prudent in regard to where they hold their funds, and it is vital to consider the integrity of the firm and its management when making one’s decision.
Compliance with Laws & Regulations
All employees are responsible for adhering to all the relevant laws and regulations, as well as the rules and principles outlined in the Code of Conduct. Employees must ensure that they are familiar with the laws, regulations, best business practices, and the required ethical conduct which is befitting for being an Prince Markets employee.
Confidentiality
During daily business activities, employees are privileged to client information relating to account details, trade practices & patterns, fees & revenues, marketing practices, etc. Employees are required to keep this information confidential. This means they are not permitted to disclose this information to any third-party unless they are legally permitted to do so.
At our brokerage business, we are committed to protecting the privacy and confidentiality of our clients’ personal and financial information. This policy outlines the types of information we collect, how we use and safeguard it, and the circumstances under which we may share it.
Collection of Information
We collect personal and financial information from clients when they open an account with us, update their account information, or engage in transactions with us. This information may include:
– Name, address, and contact information
– Social Security number or other government-issued identification number
– Financial information, such as income and assets
– Investment objectives and risk tolerance
– Trading history and account balances
We may also collect information from third-party sources such as credit reporting agencies, public records, and other institutions with which the client has a relationship.
Use of Information
We use clients’ information to provide them with brokerage services and to comply with legal and regulatory requirements. Specifically, we may use the information for the following purposes:
– Opening and maintaining client accounts
– Executing transactions on behalf of clients
– Communicating with clients about their accounts and transactions
– Conducting research and analysis to improve our services
– Complying with legal and regulatory requirements, such as tax reporting and anti-money laundering laws
We may also use clients’ information to market our services to them, but only with their consent.
Safeguarding Information
We take appropriate measures to safeguard clients’ personal and financial information against unauthorized access, use, or disclosure. These measures include physical, electronic, and procedural safeguards, such as secure data storage, access controls, and employee training on privacy and security.
Sharing of Information
We may share clients’ information with third parties in certain circumstances, such as:
– To execute transactions on behalf of clients
– To comply with legal and regulatory requirements
– To service client accounts, such as with custodians or other service providers
– To prevent fraud or unauthorized transactions
– With the client’s consent
We do not sell clients’ personal or financial information to third parties for marketing purposes.
Changes to this Policy
We may update this privacy policy from time to time to reflect changes in our business practices or legal requirements. We will notify clients of any material changes to the policy and obtain their consent as required by law.
Contact Information
If you have any questions or concerns about our privacy practices, please contact us at [email protected]
Risk Warning: Trading Contract for Difference (CFD) carries a high level of risk to your capital and may result in losses that exceed your deposits due to leverage. It’s important to understand how CFDs work and assess whether you can afford the high risk of losing your money. When acquiring our derivative products, you do not own or have rights in the underlying assets. Past performance is not indicative of future results. The information on this website is general and does not take into account your personal objectives, financial circumstances, or needs. Seek independent advice from qualified experts if necessary, and ensure you fully understand the risks before making any trading decisions.
WFICM Markets Ltd is authorized and regulated by the Saint Vincent and Grenadines under License No. GB23202672, with registered address at Kingstown Ferry Terminal, Bay Street Kingston Kingstown ferry terminal VC, St. Vincent and Grenadines.
The information on this website is not intended for residents of certain jurisdictions, including the United States, Singapore, Australia, China, and jurisdictions listed on the FATF and EU/UN sanctions lists. It is not intended for distribution or use where such distribution or use would be contrary to local law or regulation. While the Authority has granted a securities or derivatives investment business licence to the Licensee, it does not endorse the products offered.
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