Security

Security of Funds

All our currency accounts are held in designated client money accounts. These accounts are segregated from company monies.

Regulation

Sceptre is regulated by the Financial Services Authority (FSA) under registration number: 540558 for payment services. This means Sceptre meet the FSA's stringent criteria of corporate governance, solvency, risk identification and risk management.

Confirm this by visiting the FSA website http://www.fsa.gov.uk/register/psdFirmSearchForm.do

Sceptre is registered with HM Revenue & Customs for Money Laundering Regulations, Number: 12610333. This means we adhere to the Anti Money Laundering Regulations 2007 which came into force on 15th December 2007. (Sceptre Ltd - HMRC Number:  12610333 - Postcode: KT20 6NR).

Confirm this by visiting their website https://customs.hmrc.gov.uk/msbregister/checkTerms.do

Software

Sceptre uses state of the art technology resulting in every trade being hedged in real-time and therefore mitigate any loss of profit through currency market movements. 

The Back Office system captures every trade and calculates the closing P&L (mark to market). Should a potential loss be calculated that infringes on the clients account value becoming negative, Sceptre will issue a margin call for additional funds to cover potential loses should the client default on settlement. This prevents any client being in a trade they can not fund.

Any further questions or concerns please contact Sceptre Compliance Department compliance@sceptreltd.com