Bank guarantee

A bank guarantee ensures a high level of protection for funds on a trading account from non-commercial risks. The main advantage of this form funds protection is that an independent international bank guarantees the security of the funds under any circumstances as a mediator in taking up the bank guarantee.

A bank guarantee can be issued simultaneously for several trading accounts, provided that they all are open in the name of the same person. A bank guarantee cannot be given to clients from Belarus, Iran, Peoples’ Republic of China or North Korea. 

To formalize a bank guarantee, the owner of the trading account must send a written application to obtain such a bank guarantee by e-mail to account@fxmtrade.com. Upon submission of the application the company's customer department will request the documents necessary for legal registration of the bank guarantee for the trading account.