Client Money
The security of your money is a priority. All retail client money is held in segregated client money bank accounts.
Regulation and Licence
Stratos Markets Limited is regulated by the Financial Conduct Authority ("FCA"), registration number 217689.
Client Money Segregation
As Tradu is regulated by the FCA, we are obliged to follow the client money rules in the FCA's Client Assets Sourcebook ("CASS"). The CASS rules require Tradu to ensure a clear segregation between Client Money (as defined in CASS) and money that belongs to the firm. Client Money is held on trust for clients in segregated client money bank accounts. Tradu exercises all due skill, care and diligence in the selection, appointment and periodic review of the credit institutions where Client Money is held.
Client Money Security
Tradu also have strict capital requirements specified by the FCA. However, in the unlikely event of Tradu insolvency, Client Money is not available to Tradu's creditors. If we are unable to satisfy repayment claims, eligible claimants have the right to compensation by the Financial Services Compensation Scheme, up to £85,000.
Stock Trading
You agree that funds you deposit in your Stock Trading Account will be automatically transferred to an Executing Broker for the execution of your trades in accordance with our Stock Trading Terms of Business. This money will no longer be held by the firm as Client Money subject to the FCA's rules and will no longer be covered by the Financial Services Compensation Scheme. The Executing Broker will hold your money in accordance with the laws and regulations of the jurisdiction they are located in and in accordance with their Terms of Business.