Although no forex firm can truly guarantee the safety of funds FinOdds believes it has eliminated the most common issues that can be easily controlled.
In the past and currently, forex firms have failed their clients due to insufficient capital or due to lack of regulating authorities to verify capital claims. This has been the number one cause of forex traders funds being unjustly lost.
By the pure nature of the ECN technology used in the FinOdds trading platform and back office structure, trading can only be accomplished with confirmed funds on deposit. This is true not only for traders but for other participation entities.
Furthermore, traders funds on deposit are used for their trading purposes only and are never used by FinOdds directly. In addition, FinOdds utilizes only reputable, licensed banks in safe, well known jurisdictions for all client deposits.
With verification of funds and straight through processing, capital requirements are never a concern and do not relay any risk to the trader as they do in other jurisdictions allowing forex firms to be the counterparty to transactions.