My Private Trade (MPT) is a brand of Simray ASA (Simray), Norway. When you trade with MPT, your counterpart is Simray. Simray is responsible for accepting orders and managing the trading commission paid to agents.

All trading funds for MPT are maintained by Simray in separate accounts with Union Bank of Norway (DnB NOR Bank ASA). In addition, Simray maintains reserve capital with these banks in excess of standard requirements for currency brokerage houses.

The larger and more creditworthy an institution is, the better its access to other market participants is. When you trade with MPT, Simray has the abillity to limit it`s financial risk through transactions in the interbank market with the banks with which it has a close cooperative relationship.

Your funds with MPT are held and managed by Simray in accordance with best practices. If MPT or Simray were to be deemed illiquid for any reason, which is extremely unlikely, your funds would be protected and would remain accessible to you.

Simray ASA was formed as Simray Holdings LLC in 2005 by a group of European currency trading veterans. The company was re-incorporated in 2008 as Simray ASA, a Norwegian Common Stock Company. This is the highest level of incorporation in Norway, a country known for its strict regulation of financial companies. Simray's company registration details are: