Mitrade Ensures Trader Protection Backed by Lloyd's of London

Melbourne, Australia – Mitrade, a well-known Contract for Difference (CFD) trading platform, has announced an Excess of Loss Insurance Policy underwritten by Lloyd's of London. This policy gives up to AUD 1,000,000 in coverage for qualified claims, offering traders peace of mind and increasing trust in the platform. What is the best part? It is provided at no additional cost to Mitrade clients.

A Commitment to Going Above and Beyond

Mitrade is regulated by the Australian Securities and Investments Commission (ASIC), which is recognized for its tough standards designed to safeguard traders and maintain market transparency. But Mitrade isn't satisfied with simply meeting the essentials. By incorporating Lloyd-backed insurance, the platform provides dealers with an additional degree of protection that is beyond what is necessary.

As more Australians engage in forex and cryptocurrency trading, the requirement for appropriate trading procedures is stronger than ever. CFDs allow users to access global markets with less upfront cash, but they also need careful risk management. Mitrade is rising to the challenge, ensuring that traders have the tools and security they need to succeed.

Recognition and Customer-Centered Innovation

Mitrade's attempts to promote trader safety have received widespread attention. The platform has just received accolades for Best Client Fund Security Global 2024 and Best Forex Customer Satisfaction & Happiness Australia 2024.

Mitrade Australia's CEO, Elven Jong, stressed the company's strong commitment to its consumers. “ASIC sets the bar high, but we aim even higher,” Jong stated. We want our traders to feel secure and protected, whether they are new to CFDs or seasoned veterans. This insurance coverage is about more than simply protection; it demonstrates to our traders that we genuinely care about their performance.

About Mitrade

Mitrade, founded in Melbourne, has evolved from a local trading platform to a worldwide powerhouse known for its ingenuity and dependability. The organization offers consumers access to over 700 financial products, including forex, commodities, indexes, ETFs, and stocks. Mitrade's cutting-edge AI technology provides lightning-fast transactions, minimal spreads, and top-tier risk management capabilities. Whether you're trading on your phone or desktop, the platform provides a streamlined experience tailored to your needs.

Final Thought

Mitrade's connection with Lloyds of London, as well as its commitment to ASIC's high standards, set it apart in the CFD trading sector. Mitrade is creating a new standard for trust and transparency by going above and above with enhanced insurance, smart technology, and a steadfast commitment to consumer safety. If you're seeking a trading platform that values security, innovation, and caring, Mitrade has you covered.