Forex Security of Funds

Jun 03, 2018 at 06:43
415 Paparan
2 Replies
Ahli sejak Jun 02, 2018   1 hantaran
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)'
Ahli sejak Jun 20, 2014   41 hantaran
Jun 04, 2018 at 06:01
Ahli sejak Aug 17, 2021   94 hantaran
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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