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Forex Security of Funds
Jun 03, 2018 at 06:43
Vistas 617
2 Replies
Jun 03, 2018 at 06:43
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)"
Jun 04, 2018 at 06:01
Miembro desde Aug 17, 2021
posts 87
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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