Last Updated: 6th Feb, 2024.
GloverTrade Ltd. (Company No. 05423016 ) is a registered UK-based technology company that provides users with automated digital asset trading tools through its proprietary trading interface. GloverTrade does not provide investment advice, or execute trades directly.
All trading and custodial functions offered via the GloverTrade platform are carried out by regulated and licensed third-party partners, operating in compliance with applicable financial regulations in their respective jurisdictions.
Regulatory Status
GloverTrade is not a financial institution, broker-dealer, or custodian. We offer software-only access to digital trading tools and automated trading algorithms. All custody, execution, compliance, and financial services are powered by licensed third-party partners, detailed below.
Our Regulated Partners
Zero Hash LLC:
- In the United States, trading execution and custodial services are provided by Zero Hash LLC, a registered Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) and licensed as a Money Transmitter in multiple U.S. states.
- MSB Registration No: 31000286118989
- View FinCEN Registration
GCEX Group:
In the United Kingdom, trading and liquidity services are provided via GCEX Group Ltd, which is registered with the UK Financial Conduct Authority (FCA) as a cryptoasset firm permitted to carry out regulated digital asset activities.
FCA Firm Reference Number: 828730
Regulatory Scope: Cryptoasset exchange and OTC services
Service Coverage: UK-resident users
FCA Register: Check FCA Registration
GloverTrade itself is not FCA authorized and does not offer regulated services within the UK without the support of FCA-authorized partners.
GmbH (via Bitpanda):
Digital asset services for EU clients are provided by a licensed Virtual Asset Service Provider (VASP) in full compliance with applicable EU anti-money laundering and crypto regulatory frameworks
- Entity Name: Bitpanda GmbH
- Commercial Register Number: 569240v
- Regulator: FMA Austria
- MiCA Compliance: Yes (passportable across the EU under Markets in Crypto-Assets regulation)
- FMA Listing: FMA Austria Register
Bitpanda provides regulated access to trading and custody within the European Economic Area (EEA).
Platform Responsibilities and Limitations
Non-Custodial Platform: GloverTrade does not hold, manage, or store digital or fiat assets.
Execution and Custody: All trade execution, wallet services, and user balances are managed by licensed third-party custodians or brokers.
KYC/AML Compliance: All users must complete the partner provider’s identity verification (KYC) and comply with applicable Anti-Money Laundering (AML) laws.
Service Availability: Services may be unavailable in regions where our partners do not operate or are restricted by law.
Disclaimer of Liability
By using GloverTrade, users understand and agree to the following:
- GloverTrade is not responsible for performance, availability, or legal compliance of third-party partners.
- GloverTrade is not liable for losses arising from the use of automated strategies or volatility in the digital asset market.
- Users are solely responsible for understanding the legal implications of trading digital assets in their jurisdiction.
- Use of the platform constitutes agreement to GloverTrade’s Terms of Use, Privacy Policy, and Risk Disclosure.
Risk Disclosure
Digital assets are volatile and high risk. You may lose part or all of your invested capital. Past performance of any trading strategy or algorithm is not indicative of future results. GloverTrade provides no guarantee of returns, and automated systems can fail due to technical or market factors. Users are encouraged to seek independent legal and financial advice before engaging in digital asset trading.
Data Compliance & Privacy
GloverTrade complies with:
UK Data Protection Act 2018
EU General Data Protection Regulation (GDPR)
All applicable cross-border data transfer rules related to third-party API integrations.
Please review our full Privacy Policy for more information.
Contact & Regulatory Inquiries
For compliance, data, or legal questions, please contact:
Legal Department
GloverTrade Ltd
The Annex 143-145 Stanwell Road, Ashford, Middlesex, TW15 3QN
Email: legal@glovertrade.io