How we keep your funds safe
- When you open a trading account with Pepperstone, we can assure you that your funds are in safe hands. There are a number of measures we implement so our clients can put their trust in us to keep their money protected.
- Pepperstone is licenced and regulated by Capital Markets Authority (CMA) License No.128.
- Your money is held in a segregated client account that we maintain with Banks licenced by the Central Bank of Kenya.
- Pepperstone does not use client money for hedging trades with other counterparties.
- All client money is protected from creditors in the unlikely event that Pepperstone goes into liquidation.
What does Pepperstone do with my funds?
Any money that you deposit with us for trading will be held in a segregated client account that we maintain in accordance with the Capital Markets (Online Foreign Exchange Trading) Regulations, 2017.
What happens to my funds if Pepperstone goes into liquidation?
In the unlikely event of Pepperstone’s liquidation, the segregated client monies are covered by the requirements under the Capital Markets (Online Foreign Exchange Trading) Regulations, 2017.
What happens to my funds if Pepperstone goes into liquidation?
If bank liquidation were to occur, the losses would be shared by clients in proportion to the share of funds held with that failed bank.
What happens to my funds if one of Pepperstone’s holding banks goes into liquidation?
If bank liquidation were to occur, the losses would be shared by clients in proportion to the share of funds held with that failed bank.