Deposit guarantee and investment protection

Deposit custody

Client monies are received in omnibus bank accounts, designated as "client account", opened by WH SelfInvest S.A. (hereafter "WH SelfInvest") acting as agent. Client monies are then either entirely kept in this account (CFD-Forex accounts) or completely transferred (Futures accounts) to omnibus bank accounts, designated as "client account" opened in the United Kingdom directly by our company.

The list of banks, in which the client monies are held, is available on our website by clicking on "information" and "your account".

Deposit protection

Client monies are segregated from our company’s monies and are accounted for on an individual basis.

In case of failure of a bank in which the clients’ monies are held, clients are protected as follows:

- Client monies deposited in Luxembourg: the "Deposit Guarantee Fund Luxembourg" (FGDL) reimburses the amount of guaranteed cash deposit up to a maximum value equivalent to € 100.000 per depositor per firm.

- Client monies deposited in Belgium: the "Fonds de garantie" reimburses the amount of guaranteed cash deposit up to a maximum value equivalent to € 100.000 per depositor per firm.

- Client monies deposited in France: the "Fonds de Garantie des Dépôts et de Résolution " reimburses the amount of guaranteed cash deposit up to a maximum value equivalent to € 100.000 per depositor per firm.

- Client monies deposited in Germany: the "Entschädigungseinrichtung deutscher Banken GmbH" reimburses the amount of guaranteed cash deposit up to a maximum value equivalent to € 100.000 per depositor per firm.  Additionally Postbank Frankfurt is a member of the “Einlagensicherungsfonds des Bundesverbandes deutscher Banken“.

- Client monies deposited in the United Kingdom: The "Financial Services Compensation Scheme" (hereafter "FSCS") reimburses the amount of guaranteed cash deposit up to a maximum value equivalent to £ 75.000 par depositor per firm.

Investment protection

In case of failure of a bank or an investment company, clients are protected on their claims arising out of investment transactions, i.e. the instruments belonging to the investors and held, administered or managed on their behalf in connection with investment business as well as the money owed to or belonging to investors and held on their behalf in connection with investment business. Clients are protected as follows:

- In case of WH SelfInvest’s failure: the “Système d’indemnisation des investisseurs Luxembourg” (SIIL) reimburses the amount of guaranteed investments up to a maximum value equivalent to € 20.000 per investor.

- In case of a UK bank or investment company failure: The FSCS reimburses the amount of guaranteed investments up to a maximum value equivalent to £ 50.000 per investor per firm.