Client Money Protection
All client-deposited funds are held in a segregated client account with a top-tier Australian bank (Westpac Bank). These funds are NOT used for hedging purposes, meeting the trading obligations of other customers or any other business dealings.
Client Money – Key Points
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All client money is held at Westpac Bank, an Australian authorised deposit-taking institution.
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All client money is segregated from any accounts used to hold TD365’s money but is co-mingled with other clients’ money as permissible by the Corporations Act.
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Client money is required to meet margin requirements but margins are not transferred out of the segregated bank account to fund open positions.
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Client money is not used to meet any of TD365’s margin requirements.
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TradeDirect365, as a trading name of Finsa Pty Limited, is licensed by ASIC (AFSL Number 422661) and complies with client money regulations.