Safety of Funds
Maintaining the security of your money is a top priority at CMS Forex. No Forex broker can truly guarantee the safety of a client’s Forex deposits. Therefore you should choose your Forex dealer after close consideration.
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.
CMS Forex is a registered Futures Commission Merchant, a Forex Dealer Member of the NFA (National Futures Association) and is registered with the CFTC (Commodities Futures Trading Commission), an agency of the United States government. The regulations set forth by these agencies are designed to help ensure the safety of our clients’ deposits. Among other things the regulations require that our firm:
maintain sufficient liquid capital in excess of the amount required to cover all client deposits, potential fluctuations in the firm’s currency positions and outstanding expenses;
does not include any debt outstanding to the firm as part of this capital;
subject itself to all relevant laws, rules and regulations as well as stringent reporting requirements set forth by these agencies;
submit financial information to regulatory bodies on a weekly and monthly basis;
undergo three scrutinizing annual audits, one performed by an independent financial auditor, one by the National Futures Association itself, and a third independent audit responsible for inspecting the firm’s Anti Money Laundering procedures.
Furthermore, our firm holds all deposits with only highly reputable financial institutions. Our firm is grateful for the trust our clients place in us, and we do everything in our power to preserve the safety of our clients’ funds.
Please be wary of brokers that guarantee the safety of your funds or that claim that your funds will receive special protections such as FDIC insurance. To learn more, please read the “Disclosure Regarding Bankruptcy Protections” on our risk disclosure section
