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General questions What is a segregated account?
avatar Catkathyy
Question by: Jeremy - 10 Aug 2016, 07:03:34
What is a segregated account?
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avatar user 10390
Answer by: Henry - 10 Aug 2016, 07:42:17

A segregated account is a bank account maintained by a broker in which the only money held there is money belonging to traders. This is now a requirement from all regulators to ensure that if the broker goes bankrupt, your money will not be affected.

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