FXCL is proud to announce its new FXCL Insurance Program, offering traders a unique opportunity to safeguard their trading funds with coverage up to 100%. This innovative program is designed to help clients protect their deposits while minimizing the risk of loss during trading.
Key Benefits of FXCL’s Insurance Program
- Zero Cost for Clients: The insurance program is absolutely free, making it an attractive option for traders looking to safeguard their funds without extra cost.
- Flexible Coverage: Traders can insure between 10% to 100% of their account balance, providing customized protection based on individual needs.
- Risk Minimization: This program is the perfect tool for traders seeking to reduce their exposure to risk and protect their investments while engaging in market activity.
- Availability on Popular Account Types: The insurance is available for both Standard and Cent accounts, excluding IB accounts.
How the FXCL Insurance Program Works
- Deposit Funds: Begin by making a deposit into your trading account.
- Apply for Insurance: Simply apply for the insurance coverage through the Trader’s Cabinet.
- Trade Confidently: Once your insurance is activated, trade with the peace of mind that your funds are protected.
Try Loss-Free Trading Today
FXCL’s free insurance program allows you to trade with confidence, knowing that your funds are covered in case of unforeseen circumstances. With a minimum deposit of $500 (or equivalent), clients can enjoy protection tailored to their trading style.
Program Details and Conditions
- Insurance Coverage: Clients can insure their account balance from 10% to 100%.
- Insurance Event: If the account balance drops to 10% of the insured amount, an insurance event occurs.
- Trading Volume Requirements: To qualify for compensation, clients must meet certain trading volume requirements. Traders have up to 365 days from the date of registration to meet these conditions.
- 30% of the insured amount is paid for completing more than 50% of the trading volume.
- 40% for completing more than 70%.
- 50% for completing more than 90%.
- Insurance Payments: Once the trading volume requirements are met, clients can request compensation via the Trader’s Cabinet. Payments are processed within 5 business days.
- Increased Spreads: Note that spreads on insured accounts are increased by 1 point, and the commission for trading precious metals is set at $10 per standard lot.
Adjusting or Cancelling the Insurance
- Clients can increase their insurance coverage by making additional deposits into their insured account.
- To cancel the insurance, simply press the “Refuse Insurance” button in the Trader’s Cabinet.
FXCL retains the right to modify or terminate the terms of the insurance program at its discretion.
With FXCL’s Insurance Program, traders can enjoy a safer, more secure trading experience. Take advantage of this free offer and reduce your risks today!
For more details, visit FXCL’s website and explore how you can secure your funds.
