"Segregated Account" means keeping the customer's funds separate from the company's funds. Forex Company ensures the protection of the client's funds by establishing a segregated account based on the following principles:
The owner of a segregated trading account allowed all forex companies can save 70% of the total deposit in their bank account or in the account of an authorized representative. So when the safe margin is sufficient, he can transact using his entire deposit.
Example: A customer wants to have a segregated account with any approved forex company with 150,000 in funds. When the account is opened the customer applies for the Segregated Accounts service and provides all the requested documents. After the company confirms the service, the customer must meet two conditions to receive 150,000 in his account:
30% of the total amount to be credited to the account, i.e. $ 45,000 must be paid;
He has to send a bank statement confirming that he has $ 105,000 deposited in his account.
After fulfilling all the conditions, the customer receives $ 150,000 in his trading account, 70% of which is deposited in the customer's personal account, meaning that he is protected from any unavoidable events related to the activities of the company.
Forex Company segregated client account system provides customers with complete security and its fund protection system is as secure as your bank account.
A segregated account requires a minimum deposit of $ 50,000.00
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