Brokerage company System CT: security and licensing
System CT focuses on its versatility, as well as pays special attention to the level of security on its own trading platform. The financial intermediary claims that client security is a priority for System CT, and therefore all appropriate measures have been taken on the website to ensure it:
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Strict authorization protocols are used by the intermediary with the implementation of two-factor authentication and email,
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End-to-end data encryption allows the broker to protect users’ personal data in such a way that only they have access to their personal information,
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To manage risks, the intermediary uses its monitoring system, which analyzes all attempts to withdraw funds and change account information.
The company “System CT” is a fully licensed broker, as indicated on its official website. The corresponding section of the trading platform lists all the authorities directly related to supervising the activities of the financial intermediary or its partnerships:
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ASIC,
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FSCA,
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DFSA,
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FCA,
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CYSEC,
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IFSC,
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BLACKROCK, INC,
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AMERIPRISE FINANCIAL, INC.
The financial intermediary also states that it is physically registered in Germany. The broker’s central headquarters is located in the same country at Waidmarkt 11, 50676 Köln. Clients can use email to contact customer support representatives.
The broker’s owned web resources:
- systemct.com,
- trade.system-ct.net.
The list of domains is updated.
Trading conditions of System CT
The broker offers its clients convenient account opening, no hidden fees, and balance protection from negative values. All trading conditions are presented in the format of three tariff plans, which all website visitors can familiarize themselves with:
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TRADER LITE — deposits start from $1,000, leverage is 1:20,
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TRADER PROFI — deposits start from $25,000, leverage is 1:50,
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INVESTOR — deposits start from $50,000, leverage is 1:100.
For clients opting for a more expensive tariff plan, the following options will be available:
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Instant execution,
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Trading cryptocurrencies and metals,
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Trading ETFs and indices,
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Deposit insurance,
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Personal manager,
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Opening a personal PAMM account,
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Avoiding swaps.
Trading can be carried out with the following assets: currencies, stocks, metals, cryptocurrencies, indices, commodities.
Account funding and withdrawal from System CT
In order to fund their trading account or withdraw earned funds, clients can use any methods convenient for them. This includes bank cards and transfers, electronic and cryptocurrency wallets, as well as various payment systems.
From the broker’s side, no commissions are charged when withdrawing funds. However, payment services may do so following their own regulations.
The withdrawal periods on the trading platform are standard and take between 2 and 15 business days.
Conclusion
The financial intermediary “System CT” does not provide substantial evidence indicating the authenticity of all the licenses it holds. Not all possible contact details are presented on the website, limiting clients in their actions. Before obtaining client status on the trading platform, it is recommended to first review customer reviews.