As a responsible broker with a globally trusted reputation, Easy Benefit LTD has taken out Client Money Insurance (CMI) on behalf of our clients. What does that mean for you? Simply put: We’re adding additional protection so you can focus on trading.
Our Client Money Insurance policy automatically covers all Easy Benefit LTD retail clients (*The CMI policy provides protection for retail account balances up to US$20,000 for one claimant.)
Our policy is underwritten by Lloyds of London, so you know you’re being backed by a reputable provider
Client Money Insurance comes at no additional cost to traders
Easy Benefit LTD clients are guaranteed solvency and cooperation at the highest level.
Like any kind of insurance, Client Money Insurance is there in case something goes wrong. For example, in the highly unlikely event of our business being declared insolvent, and there being a shortfall in segregated customer assets, the insurance policy would cover any outstanding amounts, up to US$1,000,000 per client.
The CMI was introduced to cover the "worst case" such as a sudden and unpredictable declaration of our company's insolvency. This insurance cannot be used to cover reasonable losses in the event of inadequately securing an account and theft of funds by other users.
Nothing! Because Client Money Insurance has been taken out on behalf of all our retail traders, you can just carry on trading as normal. In the unlikely event of major business disruption taking place, we’ll be in touch.
If you’re still unsure about what CMI is (or isn’t), just contact your Account Manager or our Client Services team, start a Live Chat or Contact Us.
Start your trading journey with a trusted, and safe broker.
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