Not Accept Clients from the US: Not accepting clients from the US limits PRODIGIT's market reach and client base, restricting access to a significant segment of investors.
Regulatory Status
Regulation:
PRODIGIT operates under the regulatory jurisdiction of prominent global financial authorities. It currently operates under Cyprus's Cyprus Securities and Exchange Commission (CYSEC) regulation with license no. 200/13, demonstrating PRODIGIT's commitment to upholding the highest standards of financial operations.
Safety Measures:
PRODIGIT Investments Limited's privacy policy ensures the protection of personal information through data encryption, strict access controls, regular security audits, and adherence to GDPR and relevant privacy laws, safeguarding data against unauthorized access, use, and disclosure.
Services
PRODIGIT offers algorithmic trading services, focusing on the active buying and selling of highly-liquid foreign exchange (FX) currency pairs to generate profit without human intervention.
Designed for professional investors, PRODIGIT provides a variety of risk/reward settings tailored to individual risk profiles. The available risk levels include: Very Low Risk (1.00% - 1.50% monthly ROI, up to -4.58% drawdown), Low Risk (1.75% - 2.25% monthly ROI, up to -6.87% drawdown), Medium Risk (2.80% - 3.38% monthly ROI, up to -10.31% drawdown), and High Risk (3.50% - 4.50% monthly ROI, up to -15.46% drawdown).
The firm emphasizes that capital is at risk and past performance is not indicative of future returns. PRODIGIT is regulated under MiFID II, providing portfolio management services solely to professional investors, with US citizens excluded from their client base.
Customer Service
PRODIGIT offers comprehensive customer service channels to support its clientele effectively. Clients can contact PRODIGIT through the following channels:
Phone: Direct contact is available at +357-22267162 for immediate assistance and inquiries.
Email: For detailed correspondence and inquiries, clients can reach out via Info@invest.com.
Address: Located at 31 Evagora Avenue, Evagoras House, Office 62, 1066, Nicosia, Cyprus, clients can also visit or correspond by mail.
These channels ensure that PRODIGIT maintains accessible and responsive communication with its clients, addressing their needs promptly and professionally.
Conclusion
PRODIGIT, regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license number 200/13, offers algorithmic trading services exclusively to professional investors. Located at 31 Evagora Avenue, Evagoras House, Office 62, 1066, Nicosia, Cyprus, PRODIGIT provides tailored portfolio management with customizable risk/reward settings. Their proprietary technology facilitates automated trading of highly-liquid FX currency pairs, delivering possible returns while adhering to stringent regulatory standards and client-centric service.
Frequently Asked Questions (FAQs)
Is PRODIGIT regulated by any financial authority?
Yes, PRODIGIT Investments Limited is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license number 200/13.
What types of products and services does PRODIGIT provide?
PRODIGIT specializes in algorithmic trading of highly-liquid FX currency pairs. They offer portfolio management services tailored exclusively for professional investors.
Is PRODIGIT suitable for beginners?
PRODIGIT is not suitable for beginners due to its focus on algorithmic trading tailored exclusively for professional investors. The complexity and risk involved in algorithmic trading is suitable for individuals with limited experience or understanding of financial markets.
How does PRODIGIT manage risk in its trading strategies?
PRODIGIT employs advanced risk management techniques, including setting maximum drawdown limits and utilizing sophisticated algorithms to monitor market conditions in real-time. This proactive approach helps mitigate potential losses while seeking to achieve targeted returns.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.