1.1.7 The basis you are dealing with us
When you enter into any order to Buy or Sell a CFD on our online trading platforms, you trade with us as our counterparty. Safecap acts as a market maker and we're the Principal to each trade that you enter.
That means that:
a) we are always the counterparty to your transactions.

Hedging arrangements
As mentioned above the company acts as the main execution venue, a principal and the sole counterparty in all client orders. Solely for risk mitigation purposes (but not with respect to sourcing price data) , the Company uses several liquidity providers with which it may hedge some or all of its exposure in certain assets or products in accordance with its hedging strategy, thereby transferring the market risk to another counterparty.

. 9.1 We offer to all our CFD trading clients Negative Balance Protection.

1.4 Our Services Subject to the terms of this Agreement and our acceptance of your application form, we will open an Account and will provide general financial product advice, dealing and market making services for CFD and foreign exchange contracts and such other financial products as we may, in our sole discretion, determine from time to time.

11.13 Improper or Abusive Trading
• Scalping