A segregated account is meant to keep a customers’ funds separate from a Company’s Funds. This is necessary due to some reasons, including ensuring a clear separation between the two groups of money so neither is used for the wrong purpose. This also helps make sure that the money can be easily identified as belonging to customers in case anything happens to the firm.
All MarketsPremium clients will have a segregated account which ensures that their funds are secure and kept separate from our own.
At MarketsPremium all funds are held specifically within the Barclays headquarters in the United Kingdom.
Funds are kept separate from each other using two separate accounts. Barclays bank is one of the most well-renowned banks in the world ranking as one of the top 5 banks in the EU. Barclays has over 325 years’ experience and operates in over 50 countries with 200 branches worldwide, generating revenue of 25.45 billion and currently working with 48 million customers worldwide.
As a company MarketsPremium not only works with the best to ensure that our clients get the best service possible. With MarketsPremium it is impossible to use clients’ funds in its operation or for any other investment, we make sure yor funds are protected at all times.
Investor Compensation Fund:
The Investor Compensation Fund (CIF) was established under the Investment Firms (IF) Law 2002 as amended (hereinafter called “the Law”) and the Establishment and Operation of an Investor Compensation Fund for customers of CIFs Regulations of 2004 (hereinafter called “the Regulations”) which were issued under the Law.
The aim of the ICF is to secure any claims of covered clients against members of the ICF by paying these clients compensation in case that the company is unable to do that due to financial circumstances that are not likely to be improved in the near future.
The ICF serves to cover Retail Clients of CIFs. This excludes Professional Clients and Eligible Counterparties.
Covered Clients of an ICF’s member company can receive payable compensation regardless of the number of accounts held, currency and place of offering the investment service.
Due to this policy, as a client with MarketsPremium, you can be sure that when trading all of your trades will be completed in the context of the highest level of security, integrity and transparency.