Client Funds Insurance up to US$ 1,000,000

T.M. Financials Ltd, operating as Tag Markets, holds an insurance policy on discretionary trust for eligible clients. It can compensate for client cash or securities lost through misconduct if we become insolvent, subject to policy terms. Eligible clients are trust beneficiaries and have no direct claim against the insurer.

The maximum amount payable is US$ 1,000,000. This is a cap, not your entitlement. You may recover materially less than your loss.

The Insurance Coverage applies to cash and securities held with us, including collateral supporting open CFD positions. It does not cover the market value of an open position, trading losses or any fall in the market value of your assets.

Every claim is subject to an excess of US$ 20,000 for each and every loss. This amount is deducted before any payment is made under the policy. If you invest less than US$ 20,000 with T.M. Financials Ltd, there is no coverage in place.

The Insurance Coverage is available to all the clients of T.M. Financials Ltd. Corporate entities with a turnover above US$ 1 million and persons connected to the company (e.g., directors, significant shareholders, our auditor) are not eligible.

Two triggers must occur: an event of misconduct and our insolvency during the policy period. Payment is then subject to two 12-month filing deadlines, insolvency practitioner confirmation and quantification, and the insurer's determination, subject to eligibility criteria, limits and exclusions.