insurance

Protecting our clients is our primary goal, for this reason wealthbloom.net provides important assurances to make trading with us even more secure.

We protect all our clients against loss of funds.

Your funds are securely held in a segregated client account.

Our additional insurance protects our clients’ capital up to $50,000,000.

The interests of our clients are our primary goal, so thanks to wealthbloom.net you will never lose your funds.

Our team of specialists takes care to minimize the risk of losing funds to ZERO.

The balance protection is open to all clients.

As a regulated firm, wealthbloom.net must comply with all rules and directives set by the Security Industries Act. In respect to Client Assets, PART VII indicated that a company must arrange adequate protection for client assets when it is responsible for them. In the event of insolvency of the company, funds are protected as they are held on segregated accounts which are separate from E-bite funds.

The Securities Industry Regulations (SIR), that coincides with the Securities Industry Act, sets out various rules and procedures that must be followed. Among these rules are the guidelines on how to deal with client assets. These include the requirements, methodology and records, reconciliation and acknowledgement of trusts.

wealthbloom.net is a leader in providing additional and extensive protection directly to its customer base and is proud to offer the security and peace of mind of insuring its clients ’funds as standard, with no extra cost to you.

kClients of wealthbloom.net are individually covered up to $50,000,000 with Excess of Loss Insurance. The security of our clients ’funds is important to us and therefore we may be able to increase the maximum amount covered according to an individual client’s needs (Terms and Conditions will apply).kk

wealthbloom.net has purchased, at no direct cost to clients, separate insurance protection to cover losses, if there is an insolvency event, in excess of $2,000 and up to $50,000,000. The wealthbloom.net Excess of Loss Insurance Policy is subject to Terms and Conditions and will respond only in the event that certain conditions are met.

wealthbloom.net has purchased an aggregate limit of insurance that exceeds the exposed capital (client funds greater than $2,000) up to $1,000,000 per client.

wealthbloom.net has purchased this insurance policy for your benefit and there is no direct cost to you.

wealthbloom.net’s Excess of Loss insurance is available to all our retail clients.

This policy is underwritten by AVIVA.

All clients of wealthbloom.net whose funds are held in segregated accounts.

The declared insolvency of wealthbloom.net

The client paying the first $100 of each claim

Discovery by the insolvency practitioner of a shortfall in segregated client money.

Those customers that deposit more than $2,000 with wealthbloom.net can now benefit from an insurance policy that protects their funds over and above this amount. wealthbloom.net is a leader in providing such additional and extensive protection directly to its customer base. With wealthbloom.net your funds may be protected up to a sublimit of $50,000,000.