Compliace

BitTraderX LTD is a UK registered and incorporated company. We are registered with the Financial Services Provider Registry (FSPR) and are a member of the Financial Services Complaints Limited (FSCL) dispute resolution scheme.

To complement this, we maintain a strict Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT) policy; to ensure our Brokerage runs above-board and ethically across all business practices.

We constantly strive to uphold high standards of compliance at BitTradeX. It is our belief that this helps provide transparency with clients.

British business culture has a high standard of conduct and operational standards that, as an Bristish company, we passionately adhere to. A well-constructed supervisory framework which actively protects traders and dictates service provider actions; is quintessential for any financial company.

Incorporation

BitTradeX is the Trading Name of: BitTradeX LTD, a Limited Liability Company incorporated in UK.

  • United Kingdom Company Number: ……….

Company files and audits are submitted every year to the UK Companies Office. Much of this information is publicly available and falls under legal body oversight.

Financial Services Registration

This fulfils several objectives:

  • Increases transparency for clients who can view this public information
  • Provides an electronic register for clients to view information about FSP companies
  • Assists United Kingdom in meeting it’s AML/CFT international obligations

Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT)

As an AML/CFT Reporting Entity in United Kingdom, we are legally obligated to report our AML/CFT practices and policies to the FMA, one of three government-appointed supervisors. We fall under the United Kingdom AML/CFT Act (2009), and our policies all seek to meet these requirements.

  • Our AML/CFT Supervisor: Financial Markets Authority (FMA)

To remain above board on all compliance practices, we undergo periodic AML/CFT audits and revisions from independent companies. We also attend and provide professional training for our team so that we understand and can implement the appropriate practices expected of us.

All client transactions are monitored by our team in an ongoing effort to uphold our commitment to maintaining a proactive AML/CFT system.

Dispute Resolution Scheme

Companies registered on the FSPR, must all be a member of an independent Dispute Resolution Scheme. This provides a consumer and participant service for resolving complaints or disputes between the two parties in an impartial and independent manner.

  • Official Policy

BitTradeX are regular attendees at FSCL events, in an effort to promote and implement better dispute resolution procedures for our clients. We believe this helps in building a healthy and transparent relationship with you all.

Security of Client Funds

Your fund’s security and accessibility is of the utmost importance to us at BitTradeX. As such, we are proud to use Payment Asia as our payment gateway partner. Payment Asia is one of the leading e-payment gateways in the region and maintains a global presence in Europe and Asia.

Credit Ratings (as of January 2021):

  • Standard & Poor’s: Stable & BB-
  • Fitch: Stable & BB-
  • Moody’s: Positive & Ba3

Most of our senior management are European citizens and residents, and company operations are based in the London city Head Office.

Company files and Audits are submitted every year to a prestigious Companies Office. Much of this information is publicly available and falls under legal body oversight.

Privacy

Your private information and right to privacy are protected and upheld by our Privacy Policy and legal obligations. Client information will not be sold or shared with other parties under any circumstances, aside from those listed within the Policy.

In addition to our legal requirements, we believe it is our duty to maintain the utmost security and protection of your personal details, as provided to us. As such, policy and electronic safeguards have been put in place so that consumer details are rigorously protected.

Client Applications

BitTradeX has a global clientele base and traders from around the world. As part of our global outreach, it is also our responsibility to ensure our services are used transparently and responsibly.

As such, BitTradeX reserves the right to decide whether to accept or deny any client application. All applications will be considered by our Compliance Team, and further information may be requested from applicants in order to approve an application.

Should you have any questions about any of the Compliance sections above, please do not hesitate to contact our friendly team. We would be more than happy to answer any questions you have about our Compliance program and policies.