Faq - Halifax Trades

Frequently Asked Questions

What is Halifax Trades?

Halifax Trades helps make investing seamless. Halifax Trades takes away the stress and planning required to invest on a regular basis through its automated and easy-to-use platform. Your investment generate returns until a set maturity date. .

Who should invest on Halifax Trades?

Halifax Trades is suitable for anyone who:

1. never want to miss their investment goals again.
2. wants to invest and earn even while they are asleep.
3. wants to plan their financial goals with easy to use financial tools.

How secure is my information?

Halifax Trades was built with the security of your payment data in mind. Critical customer data is encrypted and securely stored. We do not store your card information as we work with a PCIDSS-compliant payment processor to handle all our customers’ card details. The PCIDSS is a standard guide, globally, that all reputable payment processors must adhere to.

Does Halifax Trades offer two-factor authentication (2FA)?

We provide an extra layer of security for users with token-based 2FA. This is in addition to the use of passwords but will specifically apply to authoriZing sign in's via a one-time code (token). This token can only be received on devices you setup 2FA on.

Pre Answred Questions

What does a flagged account mean?

A flag is a security measure that helps keep your account safe, and prevents fraud. It gets activated when we pick up a suspicious pattern. Once activated, access to your account will be restricted till further verification (this takes at most 24 hours).

How safe is my money?

We have multiple security and safety layers embedded in the Halifax Trades experience: from the security of our technology platform to carefully selected asset classes. Here are few of them:

1. Bank Grade Security: Our platform and that of our payment processors are PCI-DSS compliant to ensure security of your data electronically. All cards and bank data are encrypted to prevent unauthorised access to sensitive information.

2. Best-In-Class Assets: All the investment options listed on Halifax Trades, are carefully screened, managed by professional fund managers. All the diverse mutual funds registered with the SEC, with standard custodian structure with a third-party custodian.
3. Two-Factor Authentication (2FA): 2FA is an extra layer of protection to ensure the security of your account beyond just a username and password. All verifications for key transactions pass through the 2FA process on Halifax Trades.

How much can I save on Halifax Trades?

You can start your investment with as low as $50 (Fifty dollars). We do not have an upper limit. You have a billion dollars you want to save with us? Please go ahead.

What types of investment plans are available on Halifax Trades?

1. Regular Investments: With this, you can purchase hourly investment plan. You need only to specify this once during the setting up of your plan and Halifax Trades will ensure this money is invested automatically.
2. Contract Investments. These plans help you meet commitments to long term financial goals. These are similar to regular plans but they have a minimum maturity period of 1 week.