This policy aims to provide clarity and transparency regarding the management, custody, and destination of funds deposited by retail clients operating through the SCAP Broker LTD platform, under the principles of client protection, international regulatory compliance, and financial traceability.
1. Reception and Allocation of Client Funds
1.1. All funds deposited by clients through our international accounts are intended solely for the operational purposes authorized by the client, including participation in real financial markets through regulated liquidity providers.
1.2. These funds are received through financial entities, PSPs, or crypto-platforms with which SCAP Broker LTD maintains an operational relationship to channel client operations.
1.3. Resources are allocated according to the type of account and product contracted by the client, and their use is subject to prior acceptance of the general terms and conditions.
2. Traceability and Internal Control
2.1. SCAP Broker LTD maintains an internal accounting system that allows for the individual identification and recording of each deposit, movement, and use of capital received per client.
2.2. All fund movements are recorded under automatic validation mechanisms, daily reconciliation, and double-entry accounting.
2.3. Funds may be sent, totally or partially, to operational accounts with external liquidity providers exclusively for the execution of operations requested or authorized by the client.
3. Market Execution Process
3.1. By accepting the opening terms, the client expressly authorizes SCAP Broker LTD to use their funds for the execution of orders in real financial markets, using the infrastructure of third parties (liquidity providers, exchanges, or liquidity aggregators).
3.2. During the time that the funds are allocated to the market, they are exposed to market dynamics, potentially generating gains or losses depending on the outcome of the strategy or the nature of the contracted product.
3.3. Once the order is executed or the position is closed, SCAP Broker LTD processes the return, updates the client’s balance, and retains the complete transaction history.
4. Retention and Audit Policy
4.1. SCAP Broker LTD reserves the right to apply control measures over client funds, such as:
Temporary retention in case of unusual activity.
Request for additional documentation for validation of fund origin.
Application of reviews by external auditors if required by law or regulatory authorities.
4.2. These procedures aim to comply with international compliance standards (KYC/AML/CTF) and ensure the transparency of the financial ecosystem.
5. Responsibility and Limitation
5.1. SCAP Broker LTD will not use client funds for purposes other than those authorized, nor will it mix them with the company’s operational funds.
5.2. The client accepts that, by participating in real financial markets, their resources may be subject to risks inherent to these markets, for which the company does not guarantee profitability or return of capital.
5.3. In case of disputes, SCAP Broker LTD commits to offering internal resolution mechanisms and cooperating with regulatory authorities to guarantee client rights.
6. Policy Update
This policy may be modified by SCAP Broker LTD at any time to adjust to regulatory, technological, or market changes. The current version will always be available on the official website: www.scapbroker.com
For any questions or inquiries about this policy, clients can contact the compliance and legal support team via email: [email protected]
This document is the property of SCAP Broker LTD. Its reproduction, modification, or distribution without express authorization will be prosecuted in accordance with international laws for the protection of contractual and reputational property.