In which countries funds in forex trading accounts are insured by the government?
For example in the US:
'Futures and Forex accounts are offered to self-directed investors and are NOT protected by the Securities Investor Protection Corp. (SIPC) or Federal Deposit Insurance Corp. (FDIC)'
For example in the US:
'Futures and Forex accounts are offered to self-directed investors and are NOT protected by the Securities Investor Protection Corp. (SIPC) or Federal Deposit Insurance Corp. (FDIC)'
Nov 13 2021 at 08:07
Segregation of money is required of FCA-authorized payment institutions. This keeps your money separate from your broker's, ensuring that if a forex broker goes bankrupt, your funds are safe in a segregated account (known as a 'safeguarding account').
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