Your funds' Security is our Top priority, Trade with confidence
Here at Prodigy, we understand that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds. We have therefore taken additional measures to ensure adequate levels of safety for yor funds.
Market Leading Insurance
The company has made further efforts to safeguard its liabilities against Clients and other third parties with Civil Liability insurance program for a limit of €5,000,000 which includes market leading coverage against errors, omissions, negligence, fraud annd various other risks that may lead to financial loss.
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Industry Leader; Leading Financial Safety
The Prodigy brand has become a global leader in online trading, specializing in forex, derviatives on US and UK stocks, commodities, spot metals, and indices. Client fund security has been a part of our philosophy alongside unmatched trading conditioins and customer supporrt. With global recognition for execellence,a solid reputation, and multi-award wining services, our clients are assured that their funds are held securely.
Account With Major Banks
Prodigy made the decision to only use major top-tier global banking institutions. The strength and international standing of the Prodigy brand enables the company to provide liquidity through major banks.
Segregation of Funds
Clients’ funds are received into bank accounts separate from those used by the company, ensuring your protection at all times. These funds are off the balance sheet and cannot be used to pay back creditors in the unlikely event of the default of the Company.
Negative Balance Protection
Volatility often occurs in the market. Prodigy’s policy of negative balance protection means that even under highly volatile conditions when margin calls and stopouts do not function correctly, no client is responsible for paying back a negative balance.
The Company continually identifies, assesses, and monitors each type of risk associated with its operations. This means assessing on a continuous basis the effectiveness of the policies, arrangements, and procedures in place which allow the company to easily be able to cover its financial needs and capital requirement at any time.
ProdigyProtect Bot 3.5
Prodigy has an innovative risk tool termed ProdigyProtect Bot 3.5. This unique risk management feature allows you to protect a specific trade against losses of up to one million dollars over a chosen time frame, all of this is in exchange for a modest hedging cost paid at the time of purchase. ProdigyProtect was developed as part of the company’s ongoing commitment to client success and satisfaction.
ProdigyProtect Bot, is basically an advanced software which automatically execute trade orders in line with tested preset parameters, thereby eliminating emotions from the trading process and maximize profit. With features such as Stop Loss/Take Profit, Negative balance protection and Trailing helps prevent losses and boost up profits at all levels.
We use the SSL (Secure Sockets Layer) network security protocol to guarantee a secure connection in all communications with you, protect your safety during transactions with us and keep all your information private.
1. User identification and server authentication policies make sure the data is sent to the right customer terminal and server.
2. Data transmission is encrypted to prevent data theft and unauthorized access by third parties.
3. Keeps data integrity and ensures that all data remains unchanged during transmission.
There’s no need to look for our licence. We’re regulated in various jurisdictions, including by the Financial Services Commission, Mauritius under licence C113012295 and Capital Markets Authority of Kenya under license number 135.