Committed to keeping

YOUR FUNDS SAFE

Never lose more than your deposit

We offer the Negative Balance Protection. In the event your losses exceed your account balance, we will not seek to recover those losses from you.

We offer this to make you feel safer while you are trading with us. In addition, you are able to calculate in advance your maximum loss should the market move unexpectedly.

Segregated bank accounts

Retail client money is held in a segregated bank account, separate from ayondo’s business account t/a Sonar Markets, and only in reputable banks.

Segregation means that your money is kept separate from ayondo market’s own business money, in pooled client money bank accounts. These accounts are maintained with reputable banks and periodic reviews are carried out to make sure that these banks are in good financial condition.

ayondo markets, t/a Sonar Markets follows “normal approach” specified in CASS 7 of the FCA handbook. Under the normal approach, all client money is directly deposited into client money accounts with a bank as soon as possible. A daily internal reconciliation of client money is performed and shortages, if any, are transferred immediately from our own money.

Retail client money is held on deposit in Trust accounts with banks, so that any creditors of Ayondo Markets would have no legal right to it nor can Ayondo Markets use any of this money to cover its obligations, and is subject to controls and procedures required by the FCA.

Ever watchful

Daily internal reconciliations are performed to make sure that there are sufficient funds to pay our retail client liabilities, as and when requested. Regular client money reports are submitted to the FCA, proving our solvency. 

Furthermore, as we follow to the letter the FCA regulations, an annual client money audit is carried out by an independent audit firm. 

Highest levels of encryption and secure technologies

We use the highest levels of financial services security on all our software to protect you from attack and fraud. 

We constantly review our systems according to financial services industry best practice. We also review our systems against both current and projected security threats.