All client money is held in segregated client bank accounts
All money held on behalf of clients is kept in top-tier banks
Client money is held entirely separate from SSFX Limited's own money, ensuring that in the unlikely event of default by SSFX Limited, client funds will be returned to the clients rather than being treated as a recoverable asset by general creditors of SSFX Limited. The money is 'ring-fenced' in separate bank accounts which are held in trust with the clients as the beneficiaries, and is not held with SSFX Limited's own funds.
Are my funds held on a segregated basis?
When a client opens an account with SSFX Limited, they will be categorized as either: a retail client, a professional client or an eligible counter party - and SSFX Limited will inform them of this categorization. All client funds will be segregated in separate accounts with our bankers.
How are my funds protected
Funds transferred from an individual client to SSFX Limited will be received directly into a segregated client bank account. SSFX Limited does not pass client money to any part of the business as working capital. SSFX Limited has no exposure to corporate or sovereign debt.