Founded in 2005, My Private Trade (MPT) has customers in more than 30 countries.
Its well established approach is to provide simple and transparent access to the world’s largest market, and to enshrine this within a unique network marketing structure which incentivises active promotion of this opportunity from within its own customer base.
Financial transactions for MPT’s customers are typically of two types. The first type of transaction relates to the trading of currency pairs using MPT’s proprietary trading platform, and the gains and losses that customers may encounter when making such trades. The second type of transaction relates to commissions and bonuses paid to customers for their network marketing activities.
Trading and Back Office
MPT’s trading and back office partner is Williams Corporation Ltd. When trading with MPT, Williams Corporation Ltd. is responsible for accepting orders and managing the commissions payable.
Williams Corporation Ltd. has entered into an agreement with Simray AS, a Norwegian company, which previously fulfilled the role that Williams Corporation Ltd. has today.
On behalf of Williams Corporation Ltd., Simray AS now handles back office functions such as account funding and withdrawals for MPT’s customers. All claims regarding liability will, however, remain with Williams Corporation Ltd.
Financial Transactions
All funds for MPT’s customers are held in separate bank accounts for which capital is maintained in excess of the standard requirements for businesses of this type.
If My Private Trade, Williams Corporation Ltd. or Simray AS were to be deemed illiquid for any reason, which is extremely unlikely, customers’ funds would remain protected and accessible to them.
| Company Name: |
Williams Corporation Limited |
| Registered Address: |
1010, 10/F, Miramar Tower, 132 Nathan Road, Kowloon, Hong Kong |
| LicenseNumber: |
1515197 |
| Telephone: |
+852 369 314 87 |