SafeCap Investments has finalized the acquisition of ForexYard broker and made an official statement early this month.
So far SafeCap is responsible for the launch of 3gforex in early 2009, which was later on rebranded as GFC Markets. The company also purchased Finexo, which later on rebranded to Markets.com. Now the company is the owner of ForexYard, a well-respected forex broker.
Current ForexYard traders can still trade with the broker, however based on the past experience; they will probably be moved to Markets.com, regulated forex brokerage. New traders are no longer accepted to Forexyard and referred to Markets.com.
You can find the official statement from Forexyard team below:
We’re proud to announce that ForexYard.com has recently been acquired by SafeCap Investments Ltd., a regulated EU investment firm. The status of your account, funds, open positions and all other applications and services that you’ve been receiving will not be affected. ForexYard Strategy Automator (FSA) accounts will have received a separate letter regarding their open positions and continuity of the FSA service. At the same time, this acquisition of the operations of www.forexyard.com will provide you with significant advantages.
Coming soon: ForexYard.com clients can take advantage of MetaTrader 4 and additional trading platforms
The exceptional and personalized service you’ve come to rely on from ForexYard.com will remain unchanged. We will continue to provide you with the cutting-edge tools and resources necessary to make your online FX and CFD trading all that it can be! However, since ForexYard.com will now be operated by a fully regulated EU investment firm – licensed under the Cyprus Securities and Exchange Commission (CySEC) no. 092/08 and MiFID compliant – the level of security and account protection will improve substantially and meet global, regulatory guidelines which ensure your safe and secure trading experience.
From client funds insured (up to €20,000 per customer) to strict, independently audited business protocols, trade with ForexYard and trade with confidence!
Committed to transparent practices in all our endeavours, in accordance with our Terms & Conditions we hereby notify you that as of March 13, 2011 ForexYard will be transferring your trading account to SafeCap Investments Ltd. The ForexYard team will continue to deliver professional and reliable services. A separate email will be sent to you in respect of the balance of your account as at the transfer date.
In the event that you are not interested in continuing your relationship with SafeCap Investments Ltd., please inform us within 10 days of receiving this notice. If you do not inform us otherwise, it will be understood that you have agreed to the terms and conditions as stipulated by the agreement with Safecap Investments Limited and the balance of the account as indicated above. The Terms and Conditions of Safecap client agreement can be viewed online.
We look forward to continuing – and building upon – this successful relationship in the years to come. Should you have any questions or comments we’re here to meet your needs: you can reach us directly Live Chat, call us at+357 2 203 0397 or email.