Common comparison error
Client-money segregation means operational separation of customer and firm money; it is not by itself a guarantee of full or immediate repayment after insolvency.
An arrangement intended to keep customer funds separate from a firm's operating money. It does not by itself prove insolvency protection.
Client-money segregation means operational separation of customer and firm money; it is not by itself a guarantee of full or immediate repayment after insolvency.
Read Client-money segregation together with Insolvency protection, Firm reference number, Authorised firm. The comparison must preserve the exact rule, value, state, and evidence described below.
The account agreement names the customer-money bank arrangement and prohibits its use for operating expenses. The review then checks separately whether insolvency law and any compensation scheme protect a shortfall.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.