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Equiti Group Ltd.

The Equiti Group includes EGM Futures DMCC – a multi-asset broker regulated and licensed by Emirates Security and Commodities Authority, specialised financial services providers Divisa UK, Divisa US, Divisa AM, and Divisa NZ. We provide our clients individual, corporate and institutional brokerage services. With over 150 global staff, the Group’s reach extends across offices in the Middle East, North America, Europe, and the Asia Pacific regions.

Regulation and Client Protections

Financial Conduct Authority (FCA) 

Equiti is a trading name of Divisa UK Limited, authorised and regulated by the Financial Conduct Authority in the United Kingdom. Further regulatory details can be found on the FCA Register by searching under Firm Registration Number 528328.

The FCA is an independent public body funded by the firms that they regulate. The FCA are accountable to the UK Treasury, which is responsible for the UK’s financial system and to Parliament as defined by the Financial Services and Markets Act 2000 (FSMA 2000). The regulator’s strategic objective is to ensure the relevant markets function well and their operational objectives are to:

Protect consumers; Protect financial markets and Promote effective competition in the interests of consumers.

Financial Services Compensation Scheme (FSCS) 

The FSCS is the independent body which handles claims for compensation from consumers when regulated firms become insolvent. In the unlikely event that Equiti falls into liquidation, clients whose funds are held in segregated accounts would have their share of the segregated money pool returned, minus the administrators’ costs in handling and distributing these funds. If there was a short-fall then individuals (and some smaller companies) may be eligible to make a claim, whereby the compensation cover is up to a maximum of £50,000 per person per firm from the Financial Services Compensation Scheme. Further details found at their website http://www.fscs.org.uk/

Financial Ombudsman Service (FOS)

The FOS is the independent body which settles complaints about financial services firms. If you have been classified as a retail client, and feel dissatisfied with the final response from our compliance department, who are responsible for the handling of complaints within Equiti, you may refer your complaint to the FOS. Please note that the FOS will not consider a complaint until we have had the opportunity to address it (please refer to our Complaints Handling Policy) and any reference to the FOS must take place within six months of you receiving the final response letter from our Compliance Department.

Client Money Segregation

All clients will initially be categorised as a retail client, and notified accordingly when the account is opened. The client has the option to request re-classification to be treated as either a professional client or an eligible counterparty client and any such request will be reviewed and notified accordingly upon such request. Irrespective of classification, all individual clients of Equiti will have their money fully segregated, in accordance with UK FCA client money rules. All client money is held in separate bank accounts and not mixed with the firm’s own funds.

Additional Safeguards 

In addition to our own internal Client money processes and compliance oversight, external statutory auditors conduct annual reviews which are also reported to the FCA. We shall also be obligated to submit comprehensive monthly Client Money and Assets Returns (CMAR) directly to our regulator as part of their supervision objectives. Equiti does not hold any proprietary trading risk exposure, and executes client transactions through straight-through-processing. Equiti does not pass segregated client money through to hedging counterparties, neither do we initiate speculative positions in the market.

 

 









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