Tickmill partners with Lloyd's to offer insurance policies of up to $1,000,000 in the event of unforeseen events, ensuring client funds and increasing security.
Tickmill is known to have excellent trading conditions on most of its 600 assets. To expand its offering and enhance its security, the London-headquartered broker signed a partnership with Lloyd's, a leading UK-based insurance exchange, to guarantee clients' funds through insurance policies.
The service aims to offer comprehensive insurance protection for its clients' funds up to $1,000,000 in unforeseen and extreme situations.
Based on its official website, the multi-asset broker has implemented several initiatives to ensure the safety of client funds, including compliance with strict regulations, strong finances, high liquidity, and strict supervision of partner banks.
This latest initiative introduces an additional layer of protection to solidify Tickmill's leading position in protecting client assets and differentiate it from many brokers on the market. As a result, the new insurance policy will act as the main guarantee for clients in unexpected events.
Tickmill Group Executive Director Sudhanshu Agarwal commented, "We believe that our clients' peace of mind is paramount. We always strive seriously to ensure comprehensive investment protection. We offer insurance policies to maintain the security of clients' funds and assets. Clients can trade entirely confidence since they know that Tickmill will always fight hard to protect their interests."
Founded in 2014, Tickmill Corporation obtained several regulations, including the FCA (UK), FSA (Seychelles), and FSCA (South Africa). The broker caters to professional and novice traders with flexible trading conditions, low spreads, and a high leverage of up to 1:500.