Security and Regulation
Security and compliance are the foundations on which Hedge PRO was built and is of the upmost importance to us. We adhere to strict and stringent regulations and have robust internal controls in place to safeguard client funds.
Safeguarding client funds
Any funds held on behalf of our clients are subject to safeguarding, making sure that our clients’ funds are always protected. Your money is held in separate accounts operated with tier one banks. In the unlikely event of our service partners; Equals Money Plc or Ebury Partners UK Limited, ceasing to exist, your money remains protected. Bank(s) or authorised credit institutions have no rights over funds in Equals Money Plc’s or Ebury Partners UK Limited’s safeguarded accounts. Equals Money Plc or Ebury Partners UK Limited have no rights over clients’ accounts (other than where specified in their Terms and Conditions).
Regulation
Payment services for Hedge PRO are provided by Equals Money Plc, a company incorporated in England & Wales. Registration No: 05539698. Equals Money Plc is authorised by the Financial Conduct Authority as an Authorised Payment Institution Firm Reference Number: 488396.
Hedge PRO’s Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Ebury Partners UK Limited (EPUK) is an Authorised Electronic Money Institution (Financial Services Register No. 900797) and is licensed to provide payment services including FX spots and FX Forwards for the commercial purpose of the facilitation of payments for identifiable goods or services and direct investments. Ebury Partners UK Limited is registered with the Information Commissioner’s Office, with registration number: ZA345828.
Information security
Our platform and operational security are certified under ISO/IEC 27001:2013, the international best practice standard for Information Security Management Controls which is independently audited. We also comply with best practices and regulations pertaining to the management of personal data under the UK Data Protection Act (DPA), as well as European Union General Data Protection Regulation (GDPR).
Strong access control
Our platform provides a role based, hierarchical security model with two-step authentication and multi-factor authentication for sensitive systems. All access is logged and audited for suspicious behaviour. Payment Control – Strong Customer Authentication (SCA) SCA is covered as part of the EU Payments Services Directive (PSD2) and is a new European regulatory requirement to reduce fraud and make online payments more secure. Similar to how two-factor authentication (2FA) provides additional peace of mind for users logging into their HedgePRO platform, SCA performs a similar job when it comes to making a payment. It’s simply an additional security step where users will be asked to confirm it is them who have instructed the payment.