Cryptocurrency Q&A
Is my money safe with IG?
Is my money safe with IG?
DavidJohnson
Thu Nov 21 2024
|
5 answers
1448
I'm considering investing my money with IG, but I'm concerned about the safety of my funds. I want to know if my money will be secure with them and whether there's any risk of losing it.
5 answers
KimonoElegance
Sat Nov 23 2024
Investment firms such as IG operate under different regulations compared to traditional banks.
Was this helpful?
207
93
emma_anderson_scientist
Sat Nov 23 2024
One key requirement for these firms is the segregation of client money and assets.
Was this helpful?
231
57
Maria
Fri Nov 22 2024
This regulation ensures that client funds are kept separate from the firm's own resources.
Was this helpful?
388
24
Michele
Fri Nov 22 2024
As a result, investment firms are prohibited from using client money for their business activities.
Was this helpful?
252
71
Elena
Fri Nov 22 2024
This provides a safety net for clients, as their money is fully protected in case the firm becomes insolvent.
Was this helpful?
370
96
