X Spot Wealth (EU) Ltd is a member of the Investor Compensation Fund (ICF) for the Clients of Cyprus Investment Firms (CIFs), under the Cyprus Investment Services and Activities and Regulated Markets Law of 2017 Law 87(I) /2017, as subsequently amended from time to time.
The objective of the ICF is to secure claims of the covered retail Clients against members of the ICF, through the payment of compensation in cases where the member concerned is unable, due to its financial circumstances and when no realistic prospect of improvement in the above circumstances in the near future seems possible.
The total payable compensation to each covered Client of the Company may not exceed the amount of twenty thousand Euros (EUR 20,000), irrespective of the number of accounts held, currency and place of offering the investment service.
For more information regarding investor compensation fund please visit our Investor Compensation Policy.
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