Client Security

Trade confidently with Spread Co!

When you deal with any financial institution, you’ll want to know that your money is being looked after. At Spread Co we take looking after our clients’ money seriously. We have systems in place to ensure we comply with all the rules and regulations about our dealings with clients, and the safeguarding of all monies clients deposit with us.

   Client money procedure
Spread Co is regulated by the FCA
Client money is held in segregated client bank account, in accordance with FCA client money rules
Spread Co only uses its own funds for hedging
Spread Co does not pass segregated client money to hedging counterparties

Our Regulator

Spread Co is regulated by the Financial Conduct Authority (FCA), the UK’s financial industry regulator. They make sure that the all regulated firms act with integrity and with the interest of consumers at heart. We comply fully with all FCA rules, and ensure that our customers are afforded protection through FCA initiatives such as ‘Treating Customers Fairly’ and ‘client money rules.’

When you deal with an FCA regulated firm you can also use the services of the Financial Services Compensation Scheme and the Financial Ombudsman Service.

Financial Service Compensation Scheme

The Financial Services Compensation Scheme (FSCS) is the UK’s compensation scheme for clients when firms go into liquidation. It’s designed to help customers of regulated financial services firms authorised by the FCA and/or the PRA (Prudential Regulation Authority). If a regulated firm is unable to meet its financial obligations to its customers, the FSCS may compensate them. The scheme covers:

  • Deposits
  • Investments
  • Life and general insurance policies
  • Investment business

Financial Ombudsman Service

If you’re a client of a regulated firm, you can use the services of the Financial Ombudsman Service (FOS). The FOS can help you with a complaint about a financial services firm, if you’re not able to resolve the issue with the company yourself. This service is free to consumers.

Segregating Client Money

Spread Co segregates its clients’ money. This means that we don’t keep the company’s own funds and our clients’ money in the same bank account. We comply fully with the FCA’s Client Asset rules and hold client funds in a segregated trust account at Barclays Bank Plc. Segregating client funds takes place every day to minimise the risk of client funds being held in our own accounts at any time.

In the unlikely event that Spread Co becomes insolvent; funds held in the segregated account won’t be included in Spread Co’s assets and can’t be claimed by any of our other creditors. This means it can be easily returned to our clients.

© 2017 Spread Co Limited. All Rights Reserved.

Spread Co Limited is a limited liability company registered in England and Wales with its registered office at 22 Bruton Street, London W1J 6QE. Company No. 05614477. Spread Co Limited is authorised and regulated by the Financial Conduct Authority. Register No. 446677.

Spread betting and CFD trading are leveraged products and can result in losses that exceed your deposits. Ensure you understand the risks.

Losses can exceed deposits. Click here to learn more.