As a regulated entity, TigerWit Limited meets the following regulatory requirements relating to client funds:
All client funds deposited with TigerWit are fully segregated from the company’s own funds and are kept in separate bank accounts. This ensures that funds belonging to clients cannot be used for any other purpose. Our interim and annual financial reports are externally audited, ensuring that our operations are conducted to the highest possible standards.
TigerWit is partnered with several major banking institutions and client funds are always kept in segregated accounts at appropriately regulated banks and credit institutions. Internal limits ensure a diversification of client funds among banks, while credit risk is regularly monitored.
TigerWit offers Negative Balance Protection guarantee to all clients as part of the Client Agreement, unless notified expressly to the contrary and as long as it is not manipulated and is accepted in good faith. We are committed to a strict policy ensuring that clients may never lose more than their total deposits.