Client money is held entirely separate from Alpha Trading own money, ensuring that in the unlikely event of default by Alpha Trading, client funds will be returned to the clients rather than being treated as a recoverable asset by general creditors of Alpha Trading. 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 Alpha Trading own funds.
When a client opens an account with Alpha Trading, they will be categorized as either: a retail client, a professional client or an eligible counter party – and Alpha Trading will inform them of this categorization. All client funds will be segregated in separate accounts with our bankers.
In the unlikely event Alpha Trading 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.