Core Spreads Offers Clients Rigorous Commitment to Regulatory Elements
An independent spread betting firm is offering its clients peace of mind with its out-and-out commitment to regulatory elements. Fast, secure and unreservedly efficient, Core Spreads is building itself a reputation as one of the UK’s go-to providers for savvy spread betters on the search for a low cost spread betting provider.
A spokesman for Core Spreads said, “We pride ourselves on our secure funds policies and the ability to offer each and every client the freedom to trade with peace of mind that their funds are safe and secure. This helps customers focus on their trading without that niggling sense of insecurity that can jeopardise productivity and compromise potential profits.”
The UK is subject to some of the most stringent monetary rules on the planet and Core Spreads is committed to upholding these policies every step of the way. By default, all customers are classified as Retail Clients, a category which offers the highest possible level of protection. This ensures that from the very beginning, client funds are safeguarded against the key risks associated with financial spread betting.
When opening an account with Core Spreads all clients enjoy cover under the Financial Services Compensation Scheme (FSCS). In the highly unlikely event that the company was forced out of business or experienced a shortfall in segregation this statutory compensation scheme guarantees funds up to £50,000. Furthermore, should the bank holding client funds go into default the FSCS offers individual cover of up to £85,000. As well as keeping Core Spreads in line with governmental regulations, this financial security blanket offers clients a constant source of reassurance.
Another of the company’s fundamental regulations is the promise to hold all customer funds in ring-fenced bank accounts kept completely separate from Core Spreads cash. Barclays is the company’s bank of choice, chosen for its longstanding status as one of the UK’s leading financial institutions. These segregated accounts are established exclusively for client use and will never be used to fund operational expenses, hedging ventures or any other purpose not directly related to a client’s individual dealings.
To offer clients even more reassurance, Core Spreads has purposely sought matched principal regulatory permissions. This move prevents the company from taking on positions which directly conflict with client interests. The fact that funds are held in an entity that eliminates principal risk is testament to Core Spreads’ dedication to its clients.
To find out more about Core Spreads and its stringent approach to safeguarding client funds, visit the website at: www.CoreSpreads.com
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Financial spread bets are leveraged products, which means you could lose more than you deposit. You should ensure spread betting meets your investment objectives.
Core Spreads Ltd is an appointed representative of Finsa Europe Ltd (a company registered in England and Wales under number 07073413) which is authorised and regulated by the Financial Conduct Authority (under firm reference number 525164). Core Spreads is a trading name of Finsa Europe Ltd.