At Spreadex, we realise how important it is for our customers to feel comfortable about the security of the money they invest with us.
Unless you agree otherwise with us, in writing, any money we hold on your behalf in your spread betting ledger, which includes; cash deposited with us, winnings, the valuation of any open bets – even uncleared cheques, will all be held in a segregated bank account in accordance with the FCA client money rules.All funds held on this designated client money account are held by Spreadex as trustee. Unless you agree otherwise with us, in writing, under no circumstances will we use any of your own money with our own funds or place such funds with a third party e.g. a broker.
Under the guidelines of the Gambling Commission your fixed odds balance will receive "medium protection"; “Customer funds are kept in accounts separate from business accounts; and arrangements have been made to ensure assets in the customer accounts are distributed to customers in the event of insolvency.”
Your fixed odds wallet funds will be held by Spreadex as trustee in a segregated bank account.
If you are unclear about your client classification or any aspect of the client money rules please do not hesitate to contact us.
See here for more on Spreadex's company history.
Email:
info@Spreadex.com
Sports Desk:
08000 526 575
+44 (0)1727 895 090
General Enquiries:
+44 (0)1727 895 000