All European Brokers report to the European Securities and Market Authority (ESMA). As such, Alaric Securities abides by strict MiFIDII rules on Client Asset segregation.
For your safety and in compliance with our regulations, all clients’ funds are kept separately in segregated bank accounts and are covered by the Investor Compensation Fund (“ICF”). ICF provides compensation to clients in the event that the company is unable to meet its obligations towards its clients. More information regarding the Investor Compensation Fund could be found on the following link: http://sfund-bg.com/en/
As per the regulation, a minimum level of compensation per investor of €20,000 is offered to our clients.