UK FCA regulated broker ThinkMarkets has announced that it has renewed consumer protection insurance up to 1 million GBP for retail forex and CFD traders . This is in line with one of the standards which requires all brokers with FCA regulations to provide a minimum of 50,000 GBP to clients in accordance with the Financial Services Compensation Scheme (FSCS).
Faizan Anees, co-founder of ThinkMarkets said, "Maintaining protection and providing confidence in the safety of investors is a priority for our organization. Our offer of an additional 1 million GBP is the highest insurance figure available in the UK market and we are proud of it. Security is a something that is very serious for us and is proof that our company is trying to continue to provide the best customer service."
This addition of insurance coverage is a complement to ThinkMarket's commitment to providing clients with an advanced trading experience. This broker, formerly known as ThinkForex, also has low spreads and has just launched its newest trading platform, ThinkTrader , last July. This proves that ThinkMarket continues to innovate to provide the best service for its clients. The renewal of this client protection insurance means clients funds of up to 1 million GBP are guaranteed to return even if the broker ever runs into financial problems.
ThinkMarket is one of the leading brokers in Australia, has bagged ASIC and FCA regulations. This ECN-type broker provides complete and up-to-date online trading facilities. With clear regulations, adequate features and leading client service, this broker is worth considering. You can open an account with a choice of standard, pro and VIP accounts .