In the unlikely event Goldoption Markets goes into liquidation, clients whose funds are held in segregated accounts will have their share of the segregated money pool returned, minus the administrators’ costs in handling and distributing these funds.
How Are My Funds Protected
Client money is held entirely separate from goldoption own money, ensuring that in the unlikely event of default by goldoption , client funds will be returned to the clients rather than being treated as a recoverable asset by general creditors of goldoption.
Are My Funds Held On A Segregated Basis?
When a client opens an account with goldoption, they will be categorized as either: a retail client, a professional client or an eligible counter party – and goldoption will inform them of this categorization. All client funds will be segregated in separate accounts with our bankers.
WHAT HAPPENS
If Goldoption Goes Into Liquidation?
Goldoption
Segregated Funds
Client money is held entirely separate from goldoption own money, ensuring that in the unlikely event of default by goldoption, client funds will be returned to the clients rather than being treated as a recoverable asset by general creditors of goldoption. 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 goldoption own funds.
