Read our Audemars Group review and learn why we recommend this broker for online trading. Audemars Group is a great trading platform that offers features and services that suit traders from different backgrounds.
Audemars Group Review
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In this day and age, users on the internet are exposed to a number of cybersecurity risks. Data breaches and hacks can lead to their confidential data being used or sold by cybercriminals. It’s why security is one of the top features that users look for in an online trading platform. This is especially important in the financial services industry where you need to provide highly sensitive data for the purpose of conducting transactions. Audemars Group is one of the few online trading platforms that understand this, which is why they use the latest security and safety measures to give traders a great experience. Let’s discuss some of them in this Audemars Group review.
Industry Standard Encryption Protocols
For starters, the Audemars Group platform uses the latest cybersecurity measures to prevent user data from falling into the wrong hands. One of the ways they do this is through SSL encryption, which is a mechanism used to encrypt data when it travels between servers. Most cybercriminals attempt to intercept this data while it’s moving, but with SSL encryption, the data will be encrypted. So even if they do access the data, it won’t be readable, so they won’t be able to use or sell it.
This can reduce the risk of credit card fraud, identity theft, and other similar risks that are common when your data gets hacked. Plus, all user data is saved on a secure server, which lowers the risk of a data breach. So whether you’re using the platform for crypto trading on the side, or are a professional trader, all users will be prioritized when it comes to data security.
KYC Compliance to Prevent Identity Theft
Ever since online trading platforms started cropping up, many fraudsters and criminals have tried using them as a means to launder money and commit identity theft. After noticing this trend, international regulatory authorities aimed to crack down on this pattern by rolling out policies. This includes the Know Your Customer (KYC) and Anti-Money Laundering (AML) policy.
By complying with the Know Your Customer regulations, Audemars Group has set up policies to verify the identity of a new user. This way, they make sure that the person making the account is who they claim to be. To do this they ask the user for a picture ID like their driver’s license or passport. Similarly, the Anti-Money Laundering regulation ensures that no suspicious criminals are using the service as a way to launder their illegally acquired funds. Whenever any new user joins the platform, Audemars Group employees are trained to check for suspicious activity and sound the alarm in the event that it occurs.
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User Funds Held in Segregated Accounts
Trading accounts can hold a lot of money, and for some traders, it can be a big chunk of their savings. Many traders worry that in the event that the company defaults, creditors can seize the assets, which include traders’ funds. Audemars Group understands that this is a valid concern, which is why they keep traders’ funds in a segregated account.
Hence, users’ money is kept separately from money that the platform uses to run operations. This money is kept in trust, so even in the worst case scenario, traders’ funds will be returned to them. If you look up any Audemars Group review, traders will mention how this is an important thing to look for in an online trading platform.
If you’re a cautious trader who wants to trade with peace of mind, knowing that your data and funds are safe, then Audemars Group is the right platform for your needs. It uses highly advanced SSL encryption to prevent cyber criminals from intercepting your data. Additionally, it complies with industry standard regulations like Know Your Customer and Anti-Money Laundering policies, which helps create a safe community of traders. And let’s not forget that it keeps users’ funds in segregated accounts to ensure that no trader has to deal with lost funds.