BitBaxter

 

Trading BitBaxter Markets & PRIME CONSULTORIA E COMERCIO DE ALIMENTOS LTDA

CNPJ 37484255000187

QUADRA SHN, QUADRA 02, BLOCO F,ENTRADA 87, SALAS 1603 E 1604 1603 EDIF EXEC. OFFICE TOWER ANDAR 16 70702-906

ASA NORTE BRASILIA

Investor Compensation Fund

General

Trading BitBaxter Markets (hereafter BitBaxter/firm/we, us, the Company) is a member of the for the Clients of Brasil Investment Firms (“CIFs”), as per the provisions of Directive of the Brasil Securities and Exchange Commission.
All words and phrases highlighted and not defined in this document, shall have the same meaning as defined in our Invest Terms and CFD Terms (as applicable).
ICF’s Objectives
The purpose of ICF is to protect investors by providing compensation if an investment firm fails to return the investor’s assets, including both Free Funds and open positions.
Claims typically arise in situations where the investment firm is unable to fulfill its obligations to clients due to reasons directly related to its financial circumstances. In such situations, the ICF provides compensation to the covered clients, provided that the appropriate ICF procedure is followed.

Covered Clients

All BitBaxter Clients are covered by the ICF , unless they fall in any of the following categories:
a. Investment firms;
b. Banks;
c. Cooperative credit institutions;
d. Insurance companies;
e. Professional clients;
f. Social insurance institutions and funds;
g. UCITS and their management companies;

h. States and supranational organizations;
i. Central, federal, regional or local governments;
j. Legal entities associated with BitBaxter;
k. Management and administrative staff of BitBaxter;
l. Shareholders of BitBaxter with a participation of more than 5%;
m. Auditors of BitBaxter;
n. Second degree relatives and spouses of categories k-m above;
o. Legal entities which because of their size, are forbidden by Companies Law to draw a summary balance sheet.

Amount of Payable Compensation

The total payable compensation to each Covered Client of BitBaxter may not exceed
€20,000 or 90% of the covered Client’s claim, whichever is lower, irrespective of the number of accounts held, currency and place of offering the investment service. The amount of compensation payable to each Covered Client is calculated in accordance with the legal and contractual terms governing the relationship between the Client and BitBaxter, subject to the setoff rules applied for the calculation of the claims between the Client and BitBaxter.

When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested.

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