Ensuring the safety and security of our clients' money is paramount in our business. Currenxie only holds funds with leading international banks. In addition, we hold segregated client accounts to ensure your funds are separated from our own business funds. We are also required to hold sufficient capital to protect our business and further safeguard our customers assets.
Our business model is a low risk one. Currenxie takes very little market or transactional risk. We do not facilitate client leverage or speculative trading. We only offer a deliverable currency exchange service either acting as agent via our P2P platform, internal real-time netting or hedging via the interbank market to execute client orders.
Yes. Currenxie, as a licensed entity conducts stringent 'Know Your Client' checks. We follow the guidelines as published under section 7 of the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance, Cap. 615 (the AMLO) of Hong Kong.