Fintech Company TigerWit Gets SFC License Of Hong Kong

Fintech Company TigerWit Gets SFC License Of Hong Kong

  • TigerWit, announced that it received Financial Services Licence from Hong Kong’s Securities and Futures Commission.
  • TigerWit, a blockchain-powered company, it offers the highly demand global products, enabling immediate access to the liquid markets.
  • Tim Hughes, the present CEO at Tigerwit, commented on the news that SFC of HongKong is a significant milestone to earn for more accomplishments.

TigerWit, a global financial enterprise headquartered in the United Kingdom, announced that it received Financial Services Licence from Hong Kong’s Securities and Futures Commission.

This new acquisition of license aligned with the company’s plans for expansion around the globe. TigerWit offers a reliable, exiting, and trustworthy system that benefits all the participants like traders, regulators, and brokers in a system.

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TigerWit, a blockchain-powered company, it offers the highly demand global products, enabling immediate access to the liquid markets. Commodities like FX, indices, and precious metal all delivered through CFD.

It is already regulated by Securities Commission of the Bahamas, under the license number SIA-F185, and by Financial Conduct Authority (FCA), registered under the license number 679941, thus protecting their customers as per the highest regulatory standards followed globally.

They present a unique policy called Negative Balance protection policy wherein if the trading resulted in a loss for the trader. He or she doesn’t owe any money to Tigerwit. All client funds securely stored in a well-segregated trust account.

With the accreditation of Financial Service License from the Securities and Futures Commission of Hong Kong, the company sees a huge potential in itself for its trading services worldwide.

TigerWit has plans to enrich its product offerings in 2020 as it focuses on improvising financial inclusion across various developing countries.

Tim Hughes, the present CEO at Tigerwit, commented on the news that SFC of HongKong is a significant milestone to earn for more accomplishments and provides support and help in their innovative trading solutions worldwide.

Jurisdiction as the backbone of its operations makes clients confirmed relevant protections for their commodity. VP of Tigerwit, Frederic Youssef, thought that the SFC license presents a smooth road to ASEAN markets through reliable financial regulations.

TigerWit upholds the philosophy that no trader, big or small, influential or powerless should be treated variant to any other. For the smooth functioning of the market in the world, all the participants in a trading system must uplift the qualities of transparency and trust in every action.

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Steve Anderrsonhttp://www.thecoinrepublic.com
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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