Page 1 of 7 123 ... LastLast
Results 1 to 10 of 63

Thread: Insurance Funds

  1. #1
    Senior Member
    Join Date
    Jul 2012
    Posts
    526

    Insurance Funds

    The International Association of Forex Traders has a reliable insurance fund that provides traders the reimbursements of damage caused by the organizations that give access to the world financial markets. If your broker breaks the concluded contract, and the fact is confirmed by the independent investigation, we will reimburse your losses.
    The compensation from the insurance fund is possible if IAFT confirms violations on the part of these organizations and cannot legally resolve the disputable situation.
    The insurance fund is a guarantee of your financial security. IAFT cares for the safety of your deposits, as more brokers tend not to follow their obligations.
    The insurance fund is formed of the funds received as a result of partnership with the organizations that provide access to the world financial markets. 10% of net profits of IAFT Ltd. are directed to the formation of the insurance fund.

    source: IAFT's official page

  2. #2
    Senior Member
    Join Date
    May 2012
    Posts
    9,037
    Great mr. Huze. I heard about insurance fund but still have confuse about the insurance fee and the fund to be insuranced. Maybe mr. Moderator will help to explain more here.

  3. #3
    Administrator Moderator's Avatar
    Join Date
    Oct 2011
    Posts
    1,428
    Hello!


    This insurance fund is created to reimburse possible traders losses in any dispute matters with a broker company when IAFT legal department specialists cannot resolve the matter to a trader favour or a case is unpromising. There is no precise amount of funds for reimbursement because it depends on every certain situation.

    Best Regards, Tom Rink
    IAFT working with us brings you more profit!
    forumtradersunion.com


  4. #4
    so mr.moderator it means that if the brokers don't give us our money back or if we face any dispute with them then insurance facility will pay us the same amount, is it something like that.

  5. #5
    Administrator Moderator's Avatar
    Join Date
    Oct 2011
    Posts
    1,428
    Quote Originally Posted by forexismylife View Post
    so mr.moderator it means that if the brokers don't give us our money back or if we face any dispute with them then insurance facility will pay us the same amount, is it something like that.

    Dear Forum member,


    First of all any IAFT trader who has some problems with his broker should apply to IAFT legal department. Later legal department specialists investigate the case and try to solve the problem to a client favour. But if a case is unpromising and it is impossible to resolve it to a trader favour, this insurance fund will cover all trader`s losses caused by his broker company.

    Best Regards, Tom Rink
    IAFT working with us brings you more profit!
    forumtradersunion.com


  6. #6
    Senior Member kalex76's Avatar
    Join Date
    Mar 2012
    Posts
    2,264
    Quote Originally Posted by Moderator View Post
    Dear Forum member,


    First of all any IAFT trader who has some problems with his broker should apply to IAFT legal department. Later legal department specialists investigate the case and try to solve the problem to a client favour. But if a case is unpromising and it is impossible to resolve it to a trader favour, this insurance fund will cover all trader`s losses caused by his broker company.
    Thanks Mr Moderator for clearing the thing and really it gave a great relief to the clients that their funds are really very safe with the IAFT site.

  7. #7
    Banned
    Join Date
    Aug 2012
    Posts
    210
    Now I understood this. Thanks to Mod for helping.
    I can now tell it that if a member, who has opened account under IAFT, and then, has been facing some problems with his broker, then IAFT would try its best to solve it.
    If not possible, they will recover your losses you did with that specific broker.
    Am I right?

  8. #8
    Senior Member
    Join Date
    May 2012
    Posts
    9,037
    Quote Originally Posted by expertinforex View Post
    Now I understood this. Thanks to Mod for helping.
    I can now tell it that if a member, who has opened account under IAFT, and then, has been facing some problems with his broker, then IAFT would try its best to solve it.
    If not possible, they will recover your losses you did with that specific broker.
    Am I right?
    Yes, from the statement above i think it is true pal. IAFT will recovery our lost with terms and conditions mentioned above from insurance funds.

  9. #9
    Banned
    Join Date
    Aug 2012
    Posts
    210
    Quote Originally Posted by HONG View Post
    Yes, from the statement above i think it is true pal. IAFT will recovery our lost with terms and conditions mentioned above from insurance funds.
    Isn't this amazing?
    I have become a fan of IAFT. They are providing so many benefits that were just a dream for us before. But now, just because of IAFT, the dream has turned true.
    I would rate it the best of the best service. No other association can give this benefit to its others.

  10. #10
    Senior Member
    Join Date
    May 2012
    Posts
    9,037
    Quote Originally Posted by expertinforex View Post
    Isn't this amazing?
    I have become a fan of IAFT. They are providing so many benefits that were just a dream for us before. But now, just because of IAFT, the dream has turned true.
    I would rate it the best of the best service. No other association can give this benefit to its others.
    That is very amazing pal. With insurance funds then our capital is safe and we can earnings without any worries.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
loaded:ok