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- Full listing profile: Errante broker profile
Is Errante safe?
- Investor protection: no
- Regulation: FSA Seychelles
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Errante trusted?
- Information transparency: high
- Customer service: ...
- Errante website: highly detailed, updated
- Errante popularity (by visitor count): low visits
How Errante works
The Company is always the counterparty (or principal) to every trade; therefore, if the Client decides to open a position in a Financial Instrument offered by the Company, then that open position can only be closed with the Company.
12.2. For the purpose of orders for the instruments provided by the Company, the Company acts as a principal and not as an agent on behalf of the Client, therefore we are the sole Execution Venue for the execution of the Client’s orders. The Company does not transmit the Clients’ orders in the external market if the order is for the instrument(s) provided by the Company.
32.5.5 Minimum and maximum trade sizes The Company reserves the right but not the obligation to set limits and parameters to control your ability to place orders at our absolute discretion. We may at any time require you to limit the number of open positions that you may have with us.
The Company is the sole execution venue and the sole counterparty to the Clients’ trades as well as any execution of orders. On the contrary, the Company uses multiple thirdparty liquidity providers to enhance the likelihood of execution across instruments we offer.
6.2 We provide negative balance protection limits on a per account basis to a client’s aggregate liability for all CFDs which ensures the maximum losses from trading CFDs per account, including all related costs, are limited to the total funds that are in the account. This means that your losses cannot exceed your equity.
31.3 Prohibited and Unlawful Trading Techniques The concept of using trading strategies aimed at exploiting errors in prices and/or concluding trades at off-market prices and/or by taking advantages of internet delays, commonly known as ‘arbitrage’, ‘sniping’ or ‘scalping’ (hereinafter collectively referred to as “Arbitrage”), cannot exist in an OTC market where the Client is buying or selling directly from the Principal. The Company reserves the right, not to permit the abusive exploitation of Arbitrage on its Online Trading Facility and/ or in connection with its services.