Investor Compensation Fund

 

What is it?

ArumProCapital Ltd. is a member of the Investor Compensation Fund (ICF), which serves to protect and secure the claims of covered clients and provide them with compensation in instances where the member of the Fund cannot meet its financial obligations.

Who?

КThe ICF covers Retail Clients of the Company.
It does not cover Professional Clients and Eligible Counterparties.

When?

The ICF initiates the compensation payment process in one of the following situations:

How?

Upon issuance of a decision to initiate the compensation payment process by a Court or by CySEC, the ICF publishes, in at least three (3) newspapers of national coverage, an invitation to the covered Clients to make their claims against the Company.

How much?

The total payable compensation to each covered Client of the Company may not exceed the amount of twenty thousand Euros (EUR 20,000), irrespective of the number of accounts held, currency and place of offering the investment service.

Click here to read more about the ICF.

 

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