Mitrade EU Introduces Excess-of-Loss Insurance Policy

LIMASSOL, Cyprus, Sept. 3, 2026 /CourierPR/ -- Mitrade EU, a Cyprus Securities and Exchange Commission (CySEC)-regulated CFD broker, has introduced an excess-of-loss insurance policy to protect its eligible clients. The initiative underscores the company's commitment to enhancing client confidence and investor protection.

This new insurance policy builds upon the existing safeguards mandated by CySEC, which require investment firms to segregate client funds and contribute to the Investor Compensation Fund. Mitrade EU Limited, a subsidiary of Mitrade, has arranged this discretionary insurance coverage through Lloyd's of London, funded entirely by the company. The policy is automatically available to eligible clients without requiring an opt-in or additional fees.

In the event that Mitrade EU Limited becomes insolvent, the excess-of-loss insurance may cover eligible claims, with a maximum aggregate amount of €1 million across all claims combined. It is important to note that the policy does not cover trading losses or losses resulting from market movements.

Timur Konsky, CEO of Mitrade EU, expressed, "Regulation sets the baseline; we decide how much further to go for clients. That is why we put additional insurance in place with Lloyd's of London. Our approach is to identify where clients can be protected and take steps to reduce those risks. Transparency and safety should not be marketing language; they should be demonstrated through the safeguards a broker chooses to put in place. We want our clients to judge us by our actions, and this policy is another concrete example of that commitment."

The excess-of-loss insurance coverage will take effect on September 1, 2026.

Mitrade, operating in eligible European Economic Area (EEA) markets through Mitrade EU Limited, serves as a CFD trading platform for over 7 million traders. The company offers access to more than 1,000 CFDs on indices, forex, commodities, shares, and ETFs. Mitrade EU Limited is a CySEC-authorised investment firm (CIF438/23), and other entities within the international group are independently authorised and regulated in their respective jurisdictions.

For those considering CFD trading, it is important to note the associated risks. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. According to Mitrade, 80% of retail investor accounts lose money when trading CFDs with this provider. Prospective traders should consider whether they understand how CFDs work and whether they can afford to take the high risk of losing their money.