What does this mean for you?
Our regulatory status means you can count on the same high standards that you have come to expect from your traditional financial institutions.
We’ve got you covered.
As a CIRO member firm, the cash held in client accounts is insured against insolvency by the
Canadian Investment Protection Fund (CIPF). This means that in the unlikely event that Coinsquare (CCML) becomes insolvent, CIPF will cover any shortfall of cash held in client accounts up to $1 million CAD per account.
Your assets, held in trust.
All client assets are held in trust with external, licensed custodians (Coinbase Custody, Tetra Trust Company and BitGo Trust Company) who have a combined $680M USD in insurance Additionally, CCML maintains Vault Risk insurance beyond those of its custodians that cover risks related to the cold storage of its clients’ crypto assets.
Safety through regulation.
Being a registered CIRO investment dealer means that Coinsquare’s finances are monitored and audited by an independent CIRO-approved accounting firm. Client assets are securely stored 1 to 1 in cold storage with approved custodians, kept separate from operational funds, and never utilized for lending purposes.
Compliance creates trust.
As a CIRO investment dealer member, Coinsquare is held to the highest level of regulatory compliance. Our business practices, finances, and trading activity are continuously monitored and are subject to routine audits, to validate that the business is operated safely and in the best interest of all Coinsquare clients.
White glove service.
Wealth clients have access to dedicated CIRO-registered Investment Representatives who have studied and passed proficiency exams. While our Wealth Directors do not provide investment advice, they can help navigate all aspects of the crypto landscape, including market structure insights, order execution and help with account management.
What is CIRO?
The Canadian Investment Regulatory Organization (CIRO) is the self-regulatory organization that oversees investment dealers and trading activity in Canada’s debt, equity and crypto marketsAll crypto asset trading platforms are required to eventually obtain permanent regulatory status as registered investment dealers and CIRO members.Coinsquare’s regulated investment dealer entity and the Coinsquare Alternative Trading System are operated by Coinsquare Capital Markets Ltd. (CCML).For more information, read CIRO’s brochure:
How CIRO protects investors.
